India's fuel demand fell 1.5% y/y in May

Cooking gas or liquefied petroleum gas (LPG) sales decreased 5.5% to 2.17 million tonnes, while naphtha sales surged 25.8% to 1.25 million tonnes (Photo: Mint)Premium
Cooking gas or liquefied petroleum gas (LPG) sales decreased 5.5% to 2.17 million tonnes, while naphtha sales surged 25.8% to 1.25 million tonnes (Photo: Mint)
1 min read . Updated: 09 Jun 2021, 07:23 PM IST Reuters

Consumption of fuel, a proxy for oil demand, totalled 15.11 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed

NEW DELHI : India's fuel demand fell 1.5% in May compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 15.11 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

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Sales of gasoline, or petrol, were 12.4% higher from a year earlier at 1.99 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales decreased 5.5% to 2.17 million tonnes, while naphtha sales surged 25.8% to 1.25 million tonnes.

Sales of bitumen, used for making roads, were 9.8% lower, while fuel oil use edged up 0.2% in May.

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