NEW DELHI: India's fuel demand fell 2.8% in Aug compared with the same month last year.Consumption of fuel, a proxy for oil demand, totalled 18.61 million metric tons, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.Sales of gasoline, or petrol, were 8.2% higher from a year earlier at 3.84 million metric tons.Diesel consumption was up 6.8% and totaled 7.02 million metric tons in Aug.Cooking gas or liquefied petroleum gas (LPG) sales decreased 17.2% to 2.35 million metric tons, while naphtha sales fell 22.3% to 0.83 million metric tons.Sales of bitumen, used for making roads, were 19.8% up, while fuel oil use edged up 4.8% in Aug.
India's fuel demand fell 2.8% y/y in Aug
India's overall fuel demand saw a slight decrease of 2.8 percent in August compared to last year. Gasoline consumption increased by 8.2 percent, and diesel demand rose by 6.8 percent during the same period. Cooking gas sales experienced a significant drop of 17.2 percent, while naphtha usage also declined. Bitumen sales for road construction showed a strong increase of 19.8 percent. Fuel oil use edged up by 4.
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