Fuel Consumption

India becomes world's third-largest fuel retail market with 100,000 pumps

India now ranks third globally in fuel retail network after the US and China, each of which operates 110,000-120,000 pumps across much larger geographies

India's fuel demand hits six-month peak in November, rises 5.5% to 21.27 MT

Sales of gasoline, or petrol, totalled 3.52 million tons, easing 4.1% from October but 2.6% higher than the same month last year

Govt to soon launch sustainable aviation fuel policy: Aviation Minister

A report released at the summit by FICCI and KPMG said India's SAF ambitions rest on a strong feedstock advantage, including 680 million tonnes of annual agricultural residue

Russia faces fuel shortages after Ukrainian drone strikes on refineries

Gas stations have run dry in some regions of Russia after Ukrainian drones struck refineries and other oil infrastructure in recent weeks, with motorists waiting in long lines and officials resorting to rationing or cutting off sales altogether. Wholesale prices on the St Petersburg International Mercantile Exchange for A-95 gas the highest octane spiked to record highs last week, soaring to about 50 per cent higher than in January, as demand soared from farmers seeking to bring in the harvest and Russians hitting the roads for their last big vacation of the summer. Russian media outlets reported fuel shortages are hitting consumers in several regions in the Far East and on the Crimean Peninsula, which was illegally annexed from Ukraine by Moscow in 2014. Media outlets in the Primorye region, which borders North Korea, reported long lines and prices of about 78 rubles per litre (approximately USD 3.58 per gallon) at gas stations in the area, where the average monthly wage is about

India's fuel demand in January rises 3.2% to 20.49 million tonnes

Consumption of fuel, a proxy for oil demand, rose to 20.49 million metric tons, data from the oil ministry's Petroleum Planning and Analysis Cell (PPAC) showed

India's fuel consumption rises 2.1% to hit seven-month high in December

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

China's BYD launches new hybrid vehicle tech with lower fuel consumption

Plug-in hybrids priced from 79,800 yuan ($11,011) have made up the bulk of BYD's sales in the past three years, with an accumulated 3.6 million such cars sold by the company

Fuel consumption increased 4.6% to record high in FY24; fell 0.6% in March

Total consumption however rose 4.6% to a record 233.3 million tonnes in FY24

Fuel consumption increases 5.7% in February on strong factory output

Demand was up about 5.1% on a daily basis from the 4.74 mbpd (20.04 million metric tons) consumed in January

Fuel consumption rises 8.2% in January on strong industrial activity

Total consumption, proxy for oil demand, totalled 20.04 mn tonnes in January, up from 18.51 mn tonnes a year earlier, data from Petroleum Planning and Analysis Cell (PPAC) of oil ministry showed

Fuel consumption rises 6.2% to 20 mn tonnes in December, shows data

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

India's fuel demand slips in Nov from 4-month peak, hit by reduced travel

It was down about 2 per cent compared with the same period a year earlier

India's fuel consumption rises 9.3% in October to 19.2 million tonne

Consumption of fuel hit 19.2 million tonnes (mt) in October, up from 18.2 mt in the same month last year

Higher fuel cost and low-demand headwinds seen for cement companies

Planned supply-additions likely to coincide with post-election weakness in demand. Weak monsoons, rise in fuel cost to add further woes

How China's faltering growth threatens to derail commodities markets

Commodities have so far held up better than other assets as the economy has worsened. Freed from the constraints of the pandemic, fuel consumption has risen

India's May fuel consumption scales record high on robust manufacturing

India's delayed monsoons also supported diesel consumption by translating into better construction activity overall, Katona said

India's fuel consumption rises 9% in May to 20 million tonne, shows data

Meanwhile, LPG offtake rose to 2.34 mt in the latest month, up from 2.15 mt in May 2022

Global coal consumption set to hit new high this yr despite ambitious goals

Coal usage looks likely to increase by 1.2% in 2022, surpassing 8 billion tons in a single year for the first time, according to an International Energy Agency report

BASIC Nations criticise developed world for backtracking on climate finance

They say fossil fuel use in Global North has risen, call it "double standards towards climate equity"; note that climate finance from developed nations continues to fall short of $100 bn a year goal

October fuel demand rises 3.4% year-on-year to 18.37 million tonnes

Sales of bitumen, used for making roads, were 11.5% lower, while fuel oil use edged up 0.9% in October