India's fuel product sales rise 4.4% in December 2016

Fuel sales up 9% in April-December 2016

India's fuel product consumption or sales increased 4.4% to 16.53 mt in December 2016 over a year ago. Petcoke sales increased 28.8% to 1.94 mt, while LPG sales moved up 8.2% to 1.94 mt and petrol 7.8% to 1.96 mt. Consumption of fuel oil also gained 14.2% to 0.60 mt, ATF 12.6% to 0.62 mt, and diesel 1.0% to 6.55 mt. Further, the consumption of lubes/greases increased 14.6% to 0.30 mt, and light diesel oil 10.1% to 0.04 mt. However, the consumption of bitumen declined 2.0% to 0.56 mt, others 4.8% to 0.55 mt, naphtha 5.5% to 1.08 mt, and kerosene 30.5% to 0.40 mt in December 2016.

Consumption or sales of fuel product increased 9.0% to 146.43 mt in April-December 2016 over April-December 2015. Sales of petcoke increased 42.4%, diesel 3.8%, petrol 11.2%, and LPG 11.1%. Consumption of fuel oil also moved up 17.1%, ATF 11.6%, bitumen 6.1% and lubes/greases 9.4%. Further, the consumption of naphtha inched up 1.4%, others 1.3% and light diesel oil 17.4%, but declined for kerosene 17.4% in April-December 2016.

Powered by Capital Market - Live News