India’s fuel demand rose 7.5 percent in December compared with the same month last year.
Consumption of fuel, a proxy for oil demand, totalled 17.39 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Sales of gasoline, or petrol, were 10.3 percent higher from a year earlier at 2.17 million tonnes.
Cooking gas or liquefied petroleum gas (LPG) sales increased 6.0 percent to 2.06 million tonnes, while naphtha sales fell 1.4 percent to 1.02 million tonnes. Read More…