India's fuel demand up 6.4% in Nov, diesel growth tapers off

India's fuel consumption rose 6.4 per cent in November on back of continued surge in petrol demand even as diesel sales showed signs of tapering.
Fuel consumption in November at 14.8 million tonnes was 6.4 per cent higher than 13.9 million tonnes consumed in the same month a year ago, according to latest data available from the petroleum ministry.
Diesel, the most consumed fuel in the country, however, saw a tapering in demand growth to 1.5 per cent - rising from just over 6 million tonnes in November 2014 to 6.1 million tonnes this year.
Petrol sales surged 17 per cent to 1.77 million tonnes while naphtha consumption was up 39 per cent at 1.05 million tonnes.

LPG consumption was up 2.8 per cent at 1.61 million tonnes but kerosene sales was down 13 per cent at 518,000 tonnes, the data showed.
Consumption of all petroleum products had surged1 17.5 per cent in October to 15.25 million tonnes.

From a 3.3 per cent contraction or decline in year-on-year demand in March, diesel saw consumption rise by 9.3 per cent in April (6.48 million tonnes) before again showing negative growth rate of 0.6 per cent each in May and July.
It soared by 6 per cent in August (5.4 million tonnes) before touching the peak 20.2 per cent expansion in September (5.88 million tonnes). It in following month tapered to 16.3 per cent expansion to 6.34 million tonnes.

Petrol sales has risen in two digits every month this year except in May and June when it was 9 per cent and 9.7 per cent respectively. In September they had risen by a record 25.4 per cent.