India Confident Fuel Demand Will Return To Normal By September

Fuel demand in India, the world’s third-largest oil importer and third-largest oil consumer, is set to rebound to pre-crisis levels by the end of September, Indian Oil Minister Dharmendra Pradhan said at the virtual BloombergNEF Summit in New Delhi.   Judging from the trend in recent weeks after India lifted its lockdown, fuel demand will be “as usual” by the end of the quarter ending in September, the minister said, expressing a more optimistic view on demand than both OPEC and the International Energy Agency…