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India's fuel demand fell 1.5% y/y in May


India s fuel demand fell 1.5% y/y in May
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Cooking gas or liquefied petroleum gas (LPG) sales decreased 5.5% to 2.17 million tonnes, while naphtha sales surged 25.8% to 1.25 million tonnes
(Photo: Mint)
. Updated: 09 Jun 2021, 07:23 PM IST Reuters
Consumption of fuel, a proxy for oil demand, totalled 15.11 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed
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NEW DELHI :
India s fuel demand fell 1.5% in May compared with the same month last year.
Consumption of fuel, a proxy for oil demand, totalled 15.11 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. ....

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Fuel demand plunges in May due to COVID-19 lockdowns, shows data


Fuel demand plunges in May due to COVID-19 lockdowns, shows data
Daily gasoline sales in May fell by about 19% from April while diesel consumption, which is linked to industrial activity and accounts for over two-fifths of India s fuel demand, fell by 19.9%, data compiled by state refiners showed
Reuters | June 1, 2021 | Updated 15:18 IST
Indian state refiners daily gasoline and gasoil sales declined by about a fifth in May from a month earlier as lockdowns to curb the second deadly wave of COVID-19 hit industrial activities and consumption, preliminary data showed on Tuesday. Daily gasoline sales in May fell by about 19% from April while diesel consumption, which is linked to industrial activity and accounts for over two-fifths of India s fuel demand, fell by 19.9%, data compiled by state refiners showed. ....

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