Energy

India's Fuel Demand Increased by 8.7 % in June

Sales of gasoline, or petrol, were 14.9 % higher than last year.

New Delhi: India’s fuel demand rose 8.7 % in June 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 14.9 % higher from a year earlier at 2.38 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales increased 2.6 % to 1.93 million tonnes, while naphtha sales surged 11.0 % to 1.07 million tonnes.

Sales of bitumen, used for making roads, were 28.6 % up, while fuel oil use edged lower 2.7 % in June.

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