As fuel demands are falling and global margins for refining are weak the Indian refiners are reducing crude processing and shutting units for maintenance. The article highlights the drop in demand in oil due to [Read More]
The oil market has been witnessing a slump in demand due to global economic slowdown and the situation has been aggravated by the ongoing global pandemic. A reduction in demand and increasing supply has resulted in unprecedented reduction of oil prices at global level. [Read More]