India’s fuel demand rose 0.4 percent in June compared with the same month last year.
Consumption of fuel, a proxy for oil demand, totalled 16.54 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Sales of gasoline, or petrol, were 11.9 percent higher from a year earlier at 2.07 million tonnes.
Cooking gas or liquefied petroleum gas (LPG) sales increased 15.9 percent to 1.87 million tonnes, while naphtha sales fell 4.3 percent to 1.09 million tonnes.
Sales of bitumen, used for making roads, were 5.3 percent lower, while fuel oil use edged lower 12.9 percent in June.
Source Link – The Economics Times
Latest posts by The Economic Times (see all)
- State-Run Oil Companies To Supply BS-VI Petrol, Diesel To Delhi From Own Refineries By April 2018 – November 18, 2017
- India’s NHPC Could Bid For Nepal’s $2.5 Billion Power Project Pulled From China – November 18, 2017
- Indian State Oil Firms Betting On Natural Gas As Next Big Thing – November 17, 2017