India's fuel demand jumps 6.2% in Nov as diesel use recovers

India's fuel demand went up by 6.2 per cent in November as diesel consumption showed signs of recovery.
Fuel consumption totalled 17.4 million tonnes (mt) in November against 16.4 mt in the year-ago period, according to the latest data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry.
This mirrors a recovery from 0.9 per cent growth in October, but pales before 10.4 per cent expansion in November last year.
Demand for diesel, which had entered negative territory in October, was up 7.5 per cent at 7.25 mt in November, a sign of increased economic activity.
Diesel is India's most consumed fuel accounting for over 40 per cent of the total consumption. Its demand had declined by 1.9 per cent in October after a 16.6 per cent jump in September.

Petrol sales grew 4.8 per cent at 2.1 mt while cooking gas LPG demand rose 6.7 per cent to 2 mt.

Jet fuel consumption too climbed 8.4 per cent to 6,41,000 tonnes but that of naphtha fell 6.1 per cent to 1.01 mt.
Pet coke, whose use has been banned by the Supreme Court in the national capital and adjoining areas, saw a 10.35 per cent jump in consumption to 1.9 mt, according to the data.
Sales of bitumen, used for making roads, were up 16.4 per cent to 6,17,000 tonnes.