India`s fuel demand rose 2.9% y/y in October
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India's fuel demand rose 2.9% in October compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Wednesday.
Consumption of fuel, a proxy for oil demand, totaled 20.04 million metric tons, the data showed.
Sales of gasoline, or petrol, were 8.6% higher than a year earlier at 3.41 million tons.
Diesel consumption was up 0.1% and totaled 7.64 million tons in October.
Cooking gas or liquefied petroleum gas (LPG) sales increased 9.3% to 2.73 million tons, while naphtha sales fell 1.1% to 1.18 million tons.
Sales of bitumen, used for making roads, were 7.2% lower, while fuel oil use rose 23.4% in October.
DOMESTIC SALES (in million tons):
2024 2024 2024 2023 2023 2023
OCT. SEPT. AUG. OCT. SEPT. AUG.
Diesel 7.64 6.37 6.50 7.63 6.49 6.67
Petrol 3.41 3.15 3.36 3.14 3.06 3.09
LPG 2.73 2.60 2.66 2.50 2.55 2.46
Naphtha 1.18 1.03 1.16 1.19 1.03 1.21
Jet fuel 0.76 0.73 0.73 0.69 0.66 0.68
Kerosene 0.03 0.04 0.04 0.03 0.03 0.05
Fuel Oil 0.65 0.57 0.49 0.53 0.54 0.51
Bitumen 0.69 0.50 0.29 0.75 0.50 0.50
TOTAL 20.04 17.94 18.26 19.47 18.21 18.85
