full lockdown.State-run Bharat Petroleum Corp has cut its crude imports by 1 million barrels in May and will reduce purchases by 2 million barrels in June, a company official said.M.K.
Surana, chairman of Hindustan Petroleum Corp, expects India's fuel consumption in May to fall by 5% from April as the impact on driving and industrial production is not as severe as last year."This time it is not a full lockdown like last time," he said."Sales in April was about 90% of March and we expect May could be about 5% lower than April."This story has been published from a wire agency feed without modifications to the text.Never miss a story!