Oil consumption jumps for third month ahead of elections

India’s total usage of oil products increased 3.8 per cent to 17.4 million tonnes in February.

Oil consumption in India continued to gather strength in February as increased demand for transportation and cooking fuel ahead of federal elections outweighed an economic slowdown.

India’s total usage of oil products increased 3.8 percent to 17.4 million tonnes in February from a year ago, according to the oil ministry’s Petroleum Planning & Analysis Cell.

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