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India's fuel demand rose 6.6 percent y/y in October

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Reuters NEW DELHI
Last Updated : Nov 11 2016 | 1:58 PM IST

NEW DELHI (Reuters) - India's fuel demand rose 6.6 percent in October compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 16.49 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Sales of gasoline, or petrol, were 13.8 percent higher from a year earlier at 2.11 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales increased 10.3 percent to 1.86 million tonnes, while naphtha sales surged 4.8 percent to 1.11 million tonnes.

Sales of bitumen, used for making roads, were 6.9 percent lower, while fuel oil use edged up 8.3 percent in October.

(Reporting by NEW DELHI newsroom)

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First Published: Nov 11 2016 | 1:52 PM IST

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