India's fuel product consumption jumps 11.4% in August 2016

Fuel product consumption rises 9.3% to 80.37 million tonnes in April-August 2016

India's fuel product consumption or sales increased 11.4% to 15.80 million tonnes (mt) in August 2016 over a year ago. Diesel sales jumped 13.2% to 6.14 mt, while petrol sales galloped 24.9% to 2.20 mt. Sales of LPG advanced 19.2% to 1.84 mt and petcoke improved 9.5% to 1.68 mt. Consumption of fuel oil gained 14.0% to 0.61 mt, while that of ATF moved up 10.3% to 0.55 mt. The consumption of bitumen also gained 9.8% to 0.26 mt, lubricants 8.7% to 0.27 mt and light diesel oil (LDO) 31.7% to 0.04 mt. However, the consumption of others declined 6.9% to 0.56 mt, naphtha 3.7% to 1.15 mt, and kerosene -13.3% to 0.50 mt in August 2016.

The consumption or sales of fuel product increased 9.3% to 80.37 mt in April-August 2016 over April-August 2015. Sales of petcoke increased 31.0%, diesel 5.7%, petrol 13.9%, and LPG 10.3%. Consumption of fuel oil also moved up 18.3%, bitumen 15.5%, ATF 12.3%, lubricants 9.4% and LDO 16.8%, but declined for others 0.2%, naphtha 0.3% and kerosene 9.9% in April-August 2016.

 

Powered by Capital Market - Live News