India lockdown: Domestic oil demand hit, cheaper crude offers opportunity to store
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Article by:
Sambit Mohanty, Platts
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Date Published:
March 25, 2020
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Who was cited:
FGE
The collapse in oil prices has created opportunities for India to ship in incremental crude cargoes, but dwindling domestic demand because of a countrywide lockdown means that oil buyers will be treading cautiously as they try to gauge the demand outlook ahead, analysts told S&P Global Platts.
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