POL consumption goes up in November-II: What explains high demand in Bitumen, LDO and Petcoke?
Dec 27: How did the ban on old notes helped petroleum consumption? 8Well, there was more than anticipated demand for petrol and diesel on account of the fact that old notes were allowed for purchase of petroleum products at retail outlets through the month. 8Some amount of hoarding too took place on account of the anticipated ban in use of old notes 8But what explains the continued demand for other products such as LDO or Bitumen or Petcoke in November after demonetization was announced? Click on Reports for more