India's fuel product sales jump 7.6% in December 2017

Capital Market 

Fuel product sales rise 3.9% in April-December 2017

India's fuel product consumption or sales galloped 7.6% to 17.41 mt in December 2017 over a year ago. jumped 10.4% to 7.26 mt, petcoke 15.7% to 1.91 mt, others 35.3% to 0.62 mt, petrol 8.1% to 2.12 mt and LPG 3.1% to 2.00 mt. The consumption of bitumen also improved 7.7% to 0.62 mt, light (LDO) 32.8% to 0.05 mt and lubes/greases 2.1% to 0.30 mt. The consumption of was flat at 0.64 mt, while that of kerosene declined 21.3% to 0.31 mt, and 7.5% to 0.57 mt and naphtha 2.6% to 1.01 mt in December 2017.

Consumption or sales of increased 3.9% to 152.01 mt in April-December 2017 over April-December 2016.

Sales of increased 5.9%, petrol 8.6%, LPG 8.1%, and petcoke 6.9%. Consumption of others moved up 11.9%, 7.8%, lubes/greases 2.1% and LDO 4.6%. However, the consumption of kerosene declined 31.1%, naphtha 9.8%, 8.4% and bitumen 2.2% in April-December 2017.

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First Published: Wed, January 10 2018. 11:47 IST