Page 2 - India's Fuel Demand

India's June fuel consumption rises by 17.9% YoY at 18.67 mn tonnes: Govt

Consumption of fuel, a proxy for oil demand, totalled 18.67 million tonnes, data from the Indian oil ministry's Petroleum Planning and Analysis Cell showed.

India's fuel demand jumps 24% year-on-year in May as recovery continues

India's fuel consumption jumped 23.8% in May from a year earlier, continuing a recovery from a relatively low base in 2021 amid Covid outbreak

India's March fuel demand jumps 4.2%, hits 3-year high

India's fuel demand rose 4.2% to a three-year peak in March, compared with the year-ago period, data from the Petroleum Planning and Analysis Cell of the oil ministry showed on Monday.

India's February fuel demand rises, but soaring crude may slow uptick

While India has been on a recovery path until now, high oil prices at present could lead to some demand destruction, says an analyst

India's fuel demand expected to grow 5.5% next fiscal: Govt estimates

India's fuel demand is likely to grow 5.5 per cent in the fiscal year beginning April 1 as economic activity picks up after devastation caused by the pandemic

Fuel prices rise after fifth consecutive hike, petrol at Rs 109.3 in Delhi

With a hike of 35 paise a litre, the price of petrol in Delhi rose to its highest-ever level of Rs 109.34 a litre. The price of diesel also saw a hike by 35 paise and took the fuel's rate to Rs 98.07

India's September fuel demand steady, rising oil prices cloud outlook

Fuel consumption, a proxy for oil demand, totalled 15.92 million tonnes last month, up slightly from August and 5.2% higher than in September 2020, data on PPAC website showed

Demand for fuel and power grows but at a slower pace in September

Sale of gasoil, which accounts for about two-fifths of India's refined fuel demand, by state retailers rose 0.79 per cent in September, preliminary government data showed

Petrol demand continues to rise in August but diesel lags, shows data

India's fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data from state fuel retailers showed on Wednesday

Indian fuel sales' recovery largely intact as Delta variant ravages Asia

Gasoline sales rose 3.7% in Aug. 1 to 15 from the same period in 2019, prior to the pandemic, according to preliminary data from India's three biggest fuel retailers

India sees fuel demand recovery to pre-pandemic level by end-2021

Local fuel consumption- a proxy for oil demand - in May slumped to its lowest since last August as lockdowns and restriction in several states stalled mobility and muted economic activity

India's fuel sales recover from June lows, still lower than last year

Domestic fuel sales by Indian state refiners recovered in the first half of June due to the easing of coronavirus lockdowns across the country, preliminary data shows

Coronavirus: India's fuel demand plunges in May as states enforce lockdown

Gasoline and diesel sales over May 1-15 fell by about 20 per cent, while jet fuel consumption slumped by nearly 38 per cent, versus April 1-15 levels

World may see peak of petrol demand by 2035 but not in India: Official

The world is likely to see peak demand for petrol by the late 2020s and for diesel by 2035, a senior petroleum ministry official said Thursday

India's fuel consumption falls 5% in February over surge in prices

India's fuel consumption fell for the second month in a row in February to its lowest since September as record-high prices hindered demand recovery. Petroleum product consumption fell 4.9 per cent to 17.21 million tonnes in February as demand for both petrol and diesel fell, according to data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas. Petrol and diesel prices across the country rose to their highest levels last month before state-owned fuel retailers put on hold any further price increase ostensibly to contain political fallout for the ruling party in the ensuing assembly elections in states like West Bengal. Diesel, the most used fuel in the country, fell 8.5 per cent to 6.55 million tonnes while petrol consumption was down 6.5 per cent to 2.4 million tonnes. Naphtha sales remained unchanged but the sale of bitumen - used for making roads - was down 11 per cent. Cooking gas LPG sales were up 7.6 per cent. Crude oil suppliers

Sustained marketing margins, recovering demand aid profitability of OMCs

The agency expects above long-term average MMs from FY22, which should aid GRMs in the short term

India's September fuel demand posts first monthly gain since June

India's fuel demand in September rose for the first time since June as easing restrictions supported economic activity and travel, but consumption remained weaker than a year earlier

India fuel demand headed for 5-year low as truck operators idle vehicles

India's truckers are facing multiple headwinds that are crimping diesel consumption and overall oil demand

Top headlines: FPIs turn positive, Kamala Harris as V-P nominee and more

Here are the top headlines of the day

Fuel demand recovery stalled in July amid Covid lockdown, prices: Report

Sale of Aviation Turbine Fuel (ATF) rose 3.8 per cent in July from a month earlier but is down 65 per cent from the July of 2019