India extended its countrywide lockdown until May 3 in its battle against the coronavirus pandemic, a move that would prompt refiners to cut runs further and offer more oil product cargoes for exports, while putting LNG demand and imports at risk of slowing. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Indian Prime Minister Narendra Modi said on Tuesday that the extension was needed to stem the spread of the virus — the first phase of a 21-day lockdown started March 25 and was due to end on April 14. While LPG is largely expected to witness relatively stronger demand due to an increase in home cooking, demand for most other oil products is expected […]