 "India's fuel demand rose 16.4% in March")
India's fuel demand rose 16.4% in March compared with the same month last year.
Consumption of fuel, a proxy for oil demand, totalled 17.09 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Sales of petrol were 21.6% higher from a year earlier at 2.05 million tonnes.
Cooking gas or liquefied petroleum gas (LPG) sales increased 14.1% to 1.84 million tonnes, while naphtha sales surged 3.0% to 1.21 million tonnes.
Sales of bitumen, used for making roads, were 16.9% up, while fuel oil use edged up 39.4% in March.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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