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India's May fuel demand rises 8% month-on-month  India's fuel consumption, a proxy for oil demand, climbed by 8% month on month in May to about 20.03 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Sales of gasoline rose 16.4% to 3.35 million tonnes and sales of diesel increased around 5% to 8.22 million tonnes in May from the previous month, the data dated on Wednesday showed.
India's May fuel demand rises 8% month-on-month
India's May fuel demand rises 8% month-on-month
Source: Reuters
8/06/2023 11:27:45 AM
India`s February fuel demand hits at least 24 year high India's fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in Asia's third biggest economy boosted by cheap Russian oil. Consumption of fuel, a proxy for oil demand, rose by more than 5% to 4.82 million barrels per day (18.5 million tonnes) in February, its 15th consecutive year-on-year rise, data showed. Demand was the highest recorded in data compiled by the Indian Oil Ministry's Petroleum Planning and Anal...
India`s February fuel demand hits at least 24 year high
India`s February fuel demand hits at least 24 year high
Source: Reuters
10/03/2023 9:04:13 AM
India`s fuel demand hits eight-month peak in November India's fuel demand climbed to an eight-month high in November, government data released on Friday showed, as festivals and a pick-up in industrial activity boosted sales in the world's No. 3 oil consumer. Consumption of fuel, a proxy for oil demand, was 2.4% higher than the previous month, and rose 10.2% year-on-year to 18.84 million tonnes in November, according to the data from Indian oil ministry's Petroleum Planning and Analysis Cell (PPAC). "The festive season has...
India`s fuel demand hits eight-month peak in November
India`s fuel demand hits eight-month peak in November
Source: Reuters
12/12/2022 9:08:34 AM
India`s fuel demand hits eight-month peak in November India's fuel demand climbed to an eight-month high in November, government data released on Friday showed, as festivals and a pick-up in industrial activity boosted sales in the world's No. 3 oil consumer. Consumption of fuel, a proxy for oil demand, was 2.4% higher than the previous month, and rose 10.2% year-on-year to 18.84 million tonnes in November, according to the data from Indian oil ministry's Petroleum Planning and Analysis Cell (PPAC). "The festive season has...
India`s fuel demand hits eight-month peak in November
India`s fuel demand hits eight-month peak in November
Source: Reuters
9/12/2022 4:32:32 PM
India`s August fuel demand steady m-o-m, diesel consumption drops India's August fuel consumption was little changed from the previous month, government data released on Wednesday showed, even as diesel demand dropped to the lowest this year during monsoon season in the world's No. 3 oil consumer. Fuel consumption, a proxy for oil demand, rose 16.3% to 17.81 million tonnes from August 2021, but was up only marginally from 17.61 million tonnes in July, data from the oil ministry's Petroleum Planning and Analysis Cell (PPAC) showed. "In...
India`s August fuel demand steady m-o-m, diesel consumption drops
India`s August fuel demand steady m-o-m, diesel consumption drops
Source: IANS
8/09/2022 8:55:34 AM
India`s July fuel demand rises 6.1% year-on-year India's fuel demand in July rose 6.1% year-on-year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Monday. Consumption of fuel, a proxy for oil demand, totalled 17.62 million tonnes in July, down 5.7% from 18.68 million tonnes in June. "India's fuel demand outlook is improving as the economy is poised for a strong bounce back in consumption and continued momentum for the services sector," said Edward Moya, senior analyst with OA...
India`s July fuel demand rises 6.1% year-on-year
India`s July fuel demand rises 6.1% year-on-year
Source: Reuters
9/08/2022 9:21:55 AM
India's crude oil import bill nearly doubles to $119 billion in FY22 The oil ministry's Petroleum Planning & Analysis Cell (PPAC) in its latest data has showed that India's crude oil import bill nearly doubled to $119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the return of demand and war in Ukraine. The data showed that India, the world's third biggest oil consuming and importing nation, spent $119.2 billion in 2021-22 (April 2021 to March 2022), up from $62.2 billion in the previous fiscal ye...
India's crude oil import bill nearly doubles to $119 billion in FY22
India's crude oil import bill nearly doubles to $119 billion in FY22
Source: Accord Fintech
25/04/2022 9:41:28 AM
India expects fuel demand to grow 5.5% in the next fiscal year NEW DELHI - India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial activity and mobility in Asia's third largest economy after months of stagnation. India's fuel consumption in 2022-23, a proxy for oil demand, could rise to 214.5 million tonnes from the revised estimates of 203.3 million tonnes for the current fiscal year ending March 2022, according to government forecasts...
India expects fuel demand to grow 5.5% in the next fiscal year
India expects fuel demand to grow 5.5% in the next fiscal year
Source: Reuters
21/02/2022 7:08:21 PM
India's December crude oil imports at one-year peak India's crude oil imports in December hit their highest level in a year as strong demand prospects in the world's third-largest oil consumer and importer prompted refiners to stock up. Crude oil imports last month rose 7.1% versus November to 19.65 million tonnes, data on the website of the Petroleum Planning and Analysis Cell (PPAC) showed on Monday. However, imports were down 4.1% compared with a year earlier and were 5% higher from December 2019 before the onset of the pandem...
India's December crude oil imports at one-year peak
India's December crude oil imports at one-year peak
Source: Reuters
25/01/2022 9:12:30 AM
Adani signs world's largest Green PPA with SECI Adani Green Energy Ltd (AGEL), the worlds largest solar power developer and the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. This is the worlds largest ever green power purchase agreement. "We are pleased to have signed the world's largest PPA with SECI," said Gautam Adani, Chairman of the Adani Group. "This is yet another step in our journey to enable ...
Adani signs world's largest Green PPA with SECI
Adani signs world's largest Green PPA with SECI
Source: IANS
14/12/2021 12:52:39 PM
India's fuel demand rose 10.9 pct y/y in August India's fuel demand rose 10.9 percent in August compared with the same month last year. Consumption of fuel, a proxy for oil demand, totalled 16.00 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Sales of gasoline, or petrol, were 13.0 percent higher from a year earlier at 2.69 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales increased 2.4 percent to 2.33 million tonnes, while naphtha sales fell 5.1 percent t...
India's fuel demand rose 10.9 pct y/y in August
India's fuel demand rose 10.9 pct y/y in August
Source: Reuters
9/09/2021 11:43:38 AM