India's fuel consumption in December rose for a fourth straight month as economic activity and transport demand continued to recover from a coronavirus-led hiatus.
Despite around 90 per cent of the population overwhelmingly sticking to regulations, the streets and public transport remain busy, allowing the virus to spread.
Fuel demand scales 11-month peak in December as recovery gathers pace
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This story is from January 9, 2021
Fuel demand scales 11-month peak in December as recovery gathers pace
Reuters / Updated: Jan 9, 2021, 11:24 IST
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Gasoline, or petrol, sales rose 1.5% from November to 2.7 million tonnes and by an annual 9.3%.(File photo)
NEW DELHI: India’s fuel consumption in December rose for a fourth straight month as economic activity and transport demand continued to recover from a coronavirus-led hiatus.
Consumption of fuel, a proxy for oil demand, rose 4.1% to 18.6 million tonnes in December, the highest since January 2020, data from the Petroleum Planning and Analysis Cell (PPAC) of the ministry of petroleum & natural gas showed on Friday.
India s Petrol Sales Rise 1.5% From November, Cooking Gas Demand Up 7% Consumption of fuel in the country rose 4.1 per cent to 18.6 million tonnes in December, the highest since January 2020, scaling an 11-month peak
Updated: January 09, 2021 11:33 am IST
Petrol sales rose 1.5 per cent from November to 2.7 million tonnes and by an annual 9.3 per cent
India s fuel consumption in December rose for a fourth straight month as economic activity and transport demand continued to recover from a coronavirus-led hiatus. Consumption of fuel, a proxy for oil demand, rose 4.1 per cent to 18.6 million tonnes in December, the highest since January 2020, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed on Friday. However, on an annual basis, demand slipped by 1.8 per cent, indicating that consumption in Asia s third-largest economy hasn t yet reached pre-pandemic levels.
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