India’s Fuel Demand Rose 0.8% In August


India’s Fuel Demand Rose 0.8% In August

India’s fuel demand rose 0.8% in August compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 16.60 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Sales of gasoline, or petrol, were 7.8% higher from a year earlier at 2.36 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales increased 2.8% to 2.11 million tonnes, while naphtha sales surged 1.1% to 1.09 million tonnes.

Sales of bitumen, used for making roads, were 18.9% up, while fuel oil use edged up 8.3% in August. Read more

Leave a Reply

Your email address will not be published.