Rising crude, weak rupee, austerity push cut India’s 2026 fuel demand forecast by 40 pc
- Posted on May 24, 2026
- By Financial Express
- 1 Views
- 1 min read
Rising crude, weak rupee, austerity push cut India’s 2026 fuel demand forecast by 40 pc
Energy analysts predict that India’s transportation fuel demand will decrease in the latter half of 2026 due to government efforts to conserve fuel, expensive crude oil, and a weak rupee. The Prime Minister’s call for fuel-saving and recent retail price hikes have also contributed to this decline.
