Business Standard

India's fuel demand rose 6.4 percent year-on-year in January

Image

Reuters NEW DELHI,

NEW DELHI, (Reuters) - India's fuel demand rose 6.4 percent in January compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 18.34 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Sales of gasoline, or petrol, were 13.2 percent higher from a year earlier at 2.37 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales increased 11.0 percent to 2.31 million tonnes, while naphtha sales fell 1.2 percent to 1.26 million tonnes.

Sales of bitumen, used for making roads, were 15.1 percent up, while fuel oil use edged unchanged in January.

 

(Reporting by NEW DELHI newsroom)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 19 2019 | 12:41 PM IST

Explore News