Reuters
03 Jun 2026, 07:34 UTC · 1h ago
India's fuel demand outlook hit by price hikes, slowing industrial activity
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Reuters
03 Jun 2026, 07:34 UTC · 1h ago
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India is expected to see lower growth in gasoline and diesel demand this year due to recent price hikes. — Reduced fuel demand in a major emerging market signals an economic slowdown and lowers global oil demand projections.
-0.60Early signs of financial or operational stress are emerging within the Indian trucking sector. — Trucking is a primary indicator of industrial activity; stress here suggests broader logistical and economic headwinds.
-0.40Higher oil costs triggered by the Iran war have led to fuel price increases in India. — Geopolitical conflict driving input costs creates inflationary pressure and increases risk premiums for energy markets.
-0.30Ticker attribution
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