The domestic demand for petroleum products is expected to increase at a healthy rate of 8 to 10 per cent in FY22 on a year-on-year basis, ratings agency ICRA said in a report. Accordingly, the report said a growth in economy and pick-up in industrial activity. The report explained that growth in Motor Spirit (MS) consumption is … Continue reading Strong recovery in oil and gas volumes likely in 2021-22: Report by ratings agency ICRA