OIL & GAS

West Bengal: Petrol demand rises in third quarter, but diesel lags

West Bengal has witnessed a surge in fuel demand in the third quarter of this Covid-hit fiscal (October-December) as the country as a whole is also adjusting to a new normal.

Atul Gupta, chief general manager (operations) of West Bengal state office, Indian Oil (IOC), said the company has registered a healthy 10% growth in demand for petrol (motor spirit) in Oct-December 2020, compared to the same period last fiscal. He was talking to TOI on the sidelines of the launch of XP 100 in the city. It is a special grade high-octane petrol of IOC, formally launched by petroleum minister Dharmendra Pradhan in seven cities.

Petrol’s overall growth, taken together with all oil PSUs — Bharat Petroleum, Hindustan Petroleum — would also be in the same range, said an official of IOC.

Source
ET Energy World
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