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India's fuel demand rose 4 percent in October

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Reuters

(Reuters) - India's fuel demand rose 4.0 percent in October compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 17.99 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Sales of gasoline, or petrol, were 4.6 percent higher from a year earlier at 2.33 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales increased 4.8 percent to 2.07 million tonnes, while naphtha sales surged 4.6 percent to 1.23 million tonnes.

Sales of bitumen, used for making roads, were 42.9 percent up, while fuel oil use edged lower 0.5 percent in October.

 

(Reporting by NEW DELHI newsroom)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Nov 13 2018 | 4:21 PM IST

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