Fuel demand falls 1.6% in Sep, consumption at 17.92 mn metric tonnes

Consumption of fuel, a proxy for oil demand, totalled 17.92 million metric tons in September versus 18.41 million metric tons in August, the data showed

Savings for Indian refiners from purchasing Russian oil have decreased to a third of what they were in the years following Russia's invasion of Ukraine, which triggered global crises, sanctions, and discounted Russian oil seeking buyers. Despite this
Sales of bitumen, used for making roads, were 0.4 per cent up, while fuel oil use edged up 6.1 per cent in Sept. | Representative Picture
Reuters
1 min read Last Updated : Oct 07 2024 | 6:30 PM IST
India's fuel demand fell 1.6 per cent in September compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Monday.
 
Consumption of fuel, a proxy for oil demand, totalled 17.92 million metric tons in September versus 18.41 million metric tons in August, the data showed.
 
Sales of gasoline, or petrol, were 3 per cent higher from a year earlier at 3.15 million metric tons. Diesel consumption was down 1.8 per cent and totaled 6.37 million metric tons in September.
 
Cooking gas or liquefied petroleum gas (LPG) sales increased 1.6 per cent to 2.59 million metric tons, while naphtha sales up 0.6 per cent to 1.03 million metric tons.
 
Sales of bitumen, used for making roads, were 0.4 per cent up, while fuel oil use edged up 6.1 per cent in Sept.


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Topics :Fuel demandIndia's fuel demandOil production

First Published: Oct 07 2024 | 6:30 PM IST

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