India’s fuel demand rose 6.2 percent in June

India, which meets its oil needs by imports, saw a rise in fuel demand at 6.2 percent in June compared with the same month last year.

As per the data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry, the fuel consumption considered as a proxy for oil demand, totaled 15.65 million tones.

With the consumption figure of 1.85 million tones, the sales of gasoline, or petrol, were 4.4 percent higher from a year earlier.

 Cooking gas or liquefied petroleum gas (LPG) sales increased 8.5 percent to 1.61 million tonnes, while naphtha sales surged 15.6 percent to 1.19 million tonnes.

Sales of bitumen, used for making roads, were 10.0 percent up, while fuel oil use edged up 17.3 percent in June.

Be the first to comment

Leave a Reply

Your email address will not be published.