Stay updated with breaking news from India fuel sales. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Sales of diesel in India declined for the second consecutive month in September due to reduced demand caused by heavy rains and slower industrial activity. Diesel consumption fell by 5.8% to 2.72 million tonnes in the first half of September compared to the same period last year. However, petrol sales saw a marginal increase during the same period. ....
Consumption of fuel, a proxy for oil demand, totaled 18.64 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. ....
By Florence Tan SINGAPORE (Reuters) - Oil prices fell on Monday as a catastrophic second wave of a coronavirus epidemic in India cut short a recovery in oil demand there, offsetting optimism about a strong rebound in demand in developed countries and China in the second half of the year. Brent crude futures for July fell 15 cents, or 0.2%, to $66.61 a barrel by 0244 GMT while U.S. West Texas Intermediate for June was at $63.48 a barrel, down 10 cents, or 0.2%. State-level restrictions aimed at stemming infections in India have caused fuel sales in the world s third largest consumer to drop in April, preliminary data shows. ....
Demand started to recover with the easing of lockdown restrictions, with petrol returning to normal growth first and now diesel too is back at pre-COVID levels ....
Rise in fuel sales in 2020 indicates economic recovery, says IOC During 2020, sales of motor spirit have increased by 108 per cent and diesel by 96 per cent over the previous year, IOC director (marketing) Gurmeet Singh said PTI | January 2, 2021 | Updated 08:31 IST Despite disruptions in commercial activities due to the COVID-19 crisis, sales of motor spirit and diesel have increased during 2020, which indicates a revival of the economy, an official of Indian Oil Corporation (IOC) said on Friday. During 2020, sales of motor spirit have increased by 108 per cent and diesel by 96 per cent over the previous year, IOC director (marketing) Gurmeet Singh said. ....