India’s Fuel Demand Falls 6.1 Percent In August

India’s Fuel Demand Falls 6.1 Percent In August

India`s fuel demand fell 6.1 percent in August compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 15.75 million tonnes in August, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Tuesday.

Sales of gasoline, or petrol, were 0.8 percent lower from a year earlier at 2.19 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales increased 11.8 percent to 2.06 million tonnes. Naphtha sales fell 7.6 percent to 1.06 million tonnes. Read More…

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