High fuel prices to hit near-term demand, recovery seen in H2: Report Posted on April 14, 2022 by cngpump High prices of fuels are likely to dampen near-term demand for energy, however, recovery is expected in the second half of calendar year 2022 (July-December). Related posts: Global LNG demand growth shifts from Asia to Europe on Russia sanctions Fitch slashes FY23 India growth forecast to 8.5% on high energy prices With crude hovering around $95-$130, fuel price hike inevitable Gujarat: Despite high prices, fuel sales 28% past pre-Covid level Oil importers India, Thailand to be hit hardest by Ukraine crisis among APAC nations : S&P India’s post-pandemic eco recovery progressing well; high oil prices pose risks: Ashima Goyal Crude oil shoots higher on US Russian oil ban, Asian shares stabilise Indian Youth Congress activists protest against rising inflation, fuel price hike Indian backdoor for Russian oil weakens calls for European ban Fuel price hike: Akhilesh Yadav slams BJP over high LPG price, terms it ‘gift of inflation’