India's Fuel Demand

Early rains in several parts of the country dampened fuel consumption in June, with diesel slipping to negative territory again after two months of growth, according to provisional industry data. After two months of robust consumption growth, petrol demand slowed to 2.3 per cent to 1.4 million tonnes in the first half of June, sales data of three state-owned fuel retailers, which control about 90 per cent of the market, showed. Petrol demand had risen by close to 9 per cent in May. Diesel saw a 4.8 per cent decline in consumption at 3.26 million tonnes between June 1 and June 15. The demand for India's most used fuel has rebounded since April - rising by nearly 4 per cent in April and 2 per cent in the following month. Diesel, the lifeline of transport and rural agri economy, saw a just 2 per cent growth in demand in the fiscal year ended March 31, 2025, witnessing a negative growth in most months. Industry officials said early arrival of rains led to reduced demand in irrigation

On a monthly basis, fuel demand was up over 1 per cent from 20.46 million tons in November, data from the Petroleum Planning and Analysis Cell's (PPAC) website showed

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

India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed travel, preliminary data of state-owned firms showed on Monday. Fuel sales, which traditionally surge during elections, have defied the trend this year, falling month after month. And the decline has now extended even after the end of the general elections. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, at 1.42 million tonnes in the first half of June was almost the same as 1.41 million tonnes of fuel consumed in the same period last year. Month-on-month consumption dropped 4.6 per cent. Diesel sales dropped 3.9 per cent to 3.95 million tonnes during June 1 to 15 when compared with the year-ago period. The demand for the nation's most consumed fuel had fallen 2.3 per cent in April and 2.7 per cent in March. In May it fell 1.1 per cent. Besides electioneering, the summer harvest season as also the scorching summer that increases the demand for a

The BJP will stage protests across Karnataka against the hike in petrol and diesel prices on June 17, the party's state unit president B Y Vijayendra said on Sunday. The Karnataka government on Saturday hiked sales tax on fuel which will make petrol and diesel costlier. Petrol prices have gone up by Rs 3 per litre and diesel by Rs 3.5 per litre. "We urge the Chief Minister to withdraw this decision immediately. Tomorrow we have organised protests across the state and we are not going to keep quiet till the hike is revoked," Vijayendra told PTI here in the district headquarters town of Hassan. He said the protests will take place in all the district headquarters of the state. Vijayendra charged that the 'desperate Chief Minister' hiked the petrol and diesel prices since he is unable to start any new programmes due to the five guarantees. "After the Lok Sabha elections, they (Congress government) have increased fuel prices. This will cost all sections of people in the entire state

Total consumption totalled 19.86 million metric tons (4.85 million barrels per day) in April, up from 18.71 million tons last year, data showed

Electricity consumption in India is growing at the fastest rate of any major economy, driven by rising temperatures and incomes, which have pushed up sales of power-intensive appliances like ACs

Fuel demand for FY24 reached a record high of 233.276 million tonnes, up from 223.021 million tonnes the previous year

Sales of gasoline in December slipped 4.5 per cent from the previous month to 2.99 million tons

India's factory growth accelerated at the fastest pace in three months in August, driven by strong growth in new orders and output, according to a private survey

Demand from the agriculture sector also gets affected in this period due to fewer irrigation-related requirements

Sales of gasoline rose 16.4% to 3.35 million tonnes and sales of diesel increased around 5% to 8.22 million tonnes in May

Consumption of fuel, a proxy for oil demand, rose by 5% from a year earlier to 4.83 million barrels per day (20.5 million tonnes), the highest recorded in data going back to 1998

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India's fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in Asia's third biggest economy boosted by cheap Russian oil

Consumption of fuel, a proxy for oil demand, was 2.4% higher than the previous month, and rose 10.2% year-on-year to 18.84 million tonnes in November, according to the data

India's demand for the fuel has slumped 5 per cent in the April-September period of FY23 to 31.5 billion cubic metres from a year ago, after rising 5 per cent 2021-22

India's monthly fuel demand in September was at the lowest since November 2021, government data released on Friday showed.

India's fuel demand rose 8.1% in September compared with the same month last year

Sales of gasoline, or petrol, were 11.6% higher from a year earlier at 3 million tonnes