TAG: fuel
India's fuel demand hits new FY record, up about 5%
India's fuel consumption fell 0.6% year-on-year in March, but demand for the 2024 financial year was up about 5%, primarily driven by higher automotive fuel and naphtha sales.Total consumption, a proxy for oil demand, totalled 21.09 million metric tons (4...
6 months ago
India's fuel demand up around 5% in FY24, at a record high driven by auto fuel and naphtha sales
India witnessed a slight dip in fuel consumption, falling by 0.6 percent year-on-year (YoY) in March. However, fuel demand for FY24 surged by about 5 percent, primarily led by increased sales of automotive fuel and naphtha, as per a Reuters report. Prel...
6 months ago
India's April fuel use rises 6.1% year-on-year
India's fuel consumption, a proxy for oil demand, rose by 6.1% year-on-year to 19.858 million metric tons in April, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Tuesday.
5 months ago