India's fuel demand rose 2.9% y/y in October
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Nov 6 (Reuters) -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 |
Reporting by Sherin Elizabeth Varghese in Bengaluru; Editing by Mark Potter
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