India s fuel consumption, a proxy for oil demand, rose by 6.5% year-on-year in August to about 18.57 million tons, data from the Petroleum Planning and Analysis Cell (PPAC) showed
India s fuel demand rose by 1.9% YoY in July, yet it was still down about 6.6% from the previous month, mainly due to seasonal factors. Sales of gasoline fell 5.3% to 2.99 million tonnes and sales of diesel decreased around 13% to 6.89 million tonnes in July from the previous month.
As per data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry, India s fuel consumption rose 3.4% year-on-year in October to 18.37 million tonnes