India's November fuel demand rises 10.2% year-on-year
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MONDAY, JANUARY 30, 2023
India's November fuel demand rises 10.2% year-on-year

South Asia

Reuters
09 December, 2022, 05:00 pm
Last modified: 09 December, 2022, 05:02 pm

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India's November fuel demand rises 10.2% year-on-year

Reuters
09 December, 2022, 05:00 pm
Last modified: 09 December, 2022, 05:02 pm
A vehicle is seen refueled with petrol at a fuel station in Mumbai June 25, 2010. REUTERS/Danish Siddiqui/Files
A vehicle is seen refueled with petrol at a fuel station in Mumbai June 25, 2010. REUTERS/Danish Siddiqui/Files

India's fuel consumption, a proxy for oil demand, rose 10.2% year-on-year in November to 18.84 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Friday.

Sales of gasoline, or petrol, were 8.1% higher at 2.86 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales increased 5.2% to 2.47 million tonnes, while naphtha sales fell 18.2% to 1.01 million tonnes.

Sales of bitumen, used for making roads, rose 30.3%, while fuel oil use edged up 8.4% in November.

World+Biz / Global Economy

India fuel / fuel demand

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