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Petrol, diesel sales drop 17% in May on slow demand due to Covid lockdowns

India s petrol and diesel sales fell by about 17 per cent in May from a month ago as restrictions clamped to curb the world s worst outbreak of coronavirus infections stifled demand.
Sales of petrol used in cars and motorcycles fell to 1.79 million tonne in May, the lowest in a year, according to the preliminary data of state-owned fuel retailers.
While the consumption was almost 13 per cent higher than demand in May 2020, it was 28 per cent lower than pre-COVID levels of 2.49 million tonne.
India was under one of the world s strictest lockdowns in May last year, which brought all mobility and economic activity to a grinding halt. ....

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India's fuel demand drop 9.4% in April due to Covid-19 second wave

India s fuel demand slumped 9.4 per cent in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus sweeping the nation pummelled demand, official data showed on Wednesday.
Fuel consumption fell 9.38 per cent to 17.01 million tonnes in April from 18.77 million tonnes in March, data from Oil Ministry s Petroleum Planning and Analysis Cell (PPAC) showed.
India was under one of the world s severest lockdowns in April 2020, bringing to a halt almost all economic activity. Fuel sales had halved that month, plunging to the lowest since 2006. Comparing on a yearly basis, fuel demand surged 81.5 per cent from April 2020 lows. ....

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