India's fuel product consumption rises 2.8% in August 2019

Image
Capital Market
Last Updated : Sep 11 2019 | 7:50 PM IST

Fuel product consumption up 1.9% in April-August 2019

India's fuel product consumption or sales improved 2.8% to 17.04 mt in August 2019 over a year ago. LPG sales improved 13.0% to 2.40 mt, petrol 8.9% to 2.57 mt, other products 10.8% to 0.98 mt and petcoke 3.8% to 1.79 mt. Further, the consumption of bitumen also moved up 23.7% to 0.26 mt, naphtha 3.6% to 1.15 mt and light diesel oil (LDO) 35.7% to 0.06 mt. However, the consumption of ATF declined 0.6% to 0.68 mt, fuel oil 16.0% to 0.50 mt, kerosene 24.0% to 0.23 mt, diesel 1.1% to 6.12 mt and lubes/greases 13.3% to 0.32 mt in August 2019.

Consumption or sales of fuel products fell 1.9% to 89.61 mt in April-August 2019 over April-August 2018. Sales of LPG increased 3.6% to 10.36 mt, petrol 9.6% to 12.93 mt and other products 18.3% to 5.11 mt. Consumption of diesel also gained 1.8% to 35.51 mt, bitumen 6.4% to 2.62 mt and LDO 12.3% to 0.26 mt. However, the consumption of naphtha declined 11.5% to 5.01 mt, kerosene 19.5% to 1.21 mt, petcoke 2.2% to 9.20 mt, fuel oil 6.1% to 2.53 mt, ATF 2.8% to 3.33 mt and lubes/greases 4.2% to 1.54 mt in April-August 2019.

Powered by Capital Market - Live News

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

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 11 2019 | 7:11 PM IST

Next Story