India's Fuel Demand Drops 5% In November, Cooking Gas Up 4%

Consumption of fuel, a proxy for oil demand, totaled 17.83 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed

India's Fuel Demand Drops 5% In November, Cooking Gas Up 4%

Sales of petrol, were 5.2 per cent higher from a year earlier at 2.67 million tonnes

Fuel demand fell 5.0 per cent in November compared with the same month last year. Consumption of fuel, a proxy for oil demand, totaled 17.83 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Sales of petrol were 5.2 per cent higher from a year earlier at 2.67 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales increased 3.5 per cent to 2.35 million tonnes, while naphtha sales surged 7.3 per cent to 1.35 million tonnes.

Newsbeep

Sales of bitumen, used for making roads, were 25.1 per cent up, while fuel oil use edged up 4.4 per cent in November