India's fuel demand rises 2.9% YoY in October
By
Reuters
Last Updated
India's fuel demand rose 2.9 percent in October compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on November 6.
Consumption of fuel, a proxy for oil demand, totaled 20.04 million metric tons, the data showed.
Sales of petrol were 8.6 percent higher than a year earlier at 3.41 million tons.
Diesel consumption was up 0.1 percent and totaled 7.64 million tons in October.
Cooking gas or liquefied petroleum gas (LPG) sales increased 9.3 percent to 2.73 million tons, while naphtha sales fell 1.1 percent to 1.18 million tons.
Sales of bitumen, used for making roads, were 7.2 percent lower, while fuel oil use rose 23.4 percent in October.