India's fuel consumption declined to a four-year low in fiscal 2020-2021

First recorded decline in overall consumption, primarily attributed to Covid-19 lockdowns

India closed the financial year 2020-2021 with a nine per cent decline in total fuel consumption over the same period last year. This fall is primarily attributed to Covid-19 lockdowns induced slump in economic activities. According to data shared by the Petroleum Planning and Analysis Cell, India’s total fuel consumption stood at 194.63 million tonnes (mt) during the year under review, down from 214.13 mt a year ago. This is a four year low with 194.60 mt fuel consumption last reported in fiscal 2016-2017. It is also the first recorded overall decline in the country's fuel consumption.

Petrol consumption stood