Page 3 - Fuel Consumption

Renewed Covid-19 lockdowns in UK, Europe slows down pace of fuel demand

As the second wave of the virus hit many Western countries, governments imposed new lockdowns, closing restaurants and bars and banning gatherings

Expecting demand bump in festive season, oil companies ramp up refining

Indian Oil Corp., the nation's top processor, is currently operating its refineries at an average rate of 86% of capacity, compared with 66.7% in August

Petrol sales up 2% in September, diesel down 7.3% YoY: Indian Oil

Petrol sales by state retailers recovered to their level before the coronavirus pandemic for the first time since March

India fuel consumption falls 16% in Aug, biggest monthly decline since Apr

Sales of refined fuels, a proxy for oil demand, fell to 14.39 million tonnes in August, about 16% lower from a year earlier, its sixth consecutive year-on-year slide

Covid-19 crisis: Hit by local lockdowns, fuel demand falls 12% in July

Fuel consumption, a barometer of economic activity in the country, had slumped by over 45 per cent in April as nationwide lockdown halted most vehicular traffic and shut industries

India's weak fuel demand drags on as coronavirus crisis worsens

Sales of gasoline, or petrol, fell by 10.3% from a year earlier to 2.26 million tonnes, and were down 0.8% from 2.28 million tonnes in June

India fuel demand extends recovery from 13-yr low as economic opens up

On a year-on-year basis, demand for diesel registered its fourth straight decline in June at 15.4%

India's fuel sales in June at 88% of pre-Covid levels, says govt

At 11.8 million tonnes of consumption, fuel demand in June was 88 per cent of 13.4 million tonnes consumption in June 2019.

India's monthly fuel demand jumps 47.4% in May as Covid-19 lockdown eases

Fuel consumption, a proxy for oil demand in Asia's third biggest economy, totalled 14.65 million tonnes in May, 47.4% higher than in April but still 23.3% lower than a year earlier

Covid-19: India's fuel consumption falls 46% in April, may rebound in May

Fuel consumption during March, when travel restrictions began to be imposed to curb the spread of coronavirus, stood at 16.08 million tonnes

Lockdown impact: Fuel demand in India plunged to historic lows in April

In its latest report, the International Energy Agency has said India's annual fuel consumption will decline 5.6 per cent in 2020

India's 2019-20 fuel demand growth worst in over 2 decades as virus strikes

Due to restrictions on movement and travel advisories, India's consumption of diesel, petrol and aviation turbine declined massively during March

Petrol, diesel consumption likely to burn out on coronavirus heat

Petrol, diesel consumption to drop, rise in stockpile likely

India's fuel consumption grew 10.5% in November: Oil Ministry data

Sales of gasoline, or petrol, were 9.2 percent higher from a year earlier at 2.53 million tonnes.

Fuel retail: Job half done

Transparent pricing regime should be the next step

Oiling an irony: India cuts fuel consumption, but filling stations rise

Though India is moving towards reducing fuel consumption, filling stations are set to become more ubiquitous

India to beat China as fastest growing Asian petro product market: Moody's

India will surpass China as the fastest-growing petroleum product market in Asia with fuel consumption rising 6 per cent in 2018, Moody's Investors Service said today citing EIA data. As economic activity in China dials back, Moody's said it expects its refined product demand growth will moderate to 2.5 -3 per cent in 2017-18, compared with compounded annual growth rate of 5 per cent in 2012-16. "Nonetheless, in absolute terms, the EIA says China will account for 48% of Asias R&M sectors demand growth in 2018. In comparison, India will surpass China as the fastest-growing product market in Asia with petroleum consumption growing 6 per cent in 2018," it said. Moody's said the outlook for the Asian oil refining and marketing sector is stable, with the EBITDA of rated companies growing a modest 5 per cent through 2018. "Driven by China's and India's appetite for petroleum products and continued capacity rationalisation, we believe refining margins will remain firm, ...

India's fuel consumption grows at slower rate of 5% in FY17

World's 3rd largest oil consumer saw demand for fuel and petroleum products rise to 194.2 mt in FY17