Business

India's February fuel demand rises 5.4% year-on-year


Sales of petrol were 3.2% higher from a year earlier at 2.55 million tonnes

Sales of petrol were 3.2% higher from a year earlier at 2.55 million tonnes

India's fuel demand rose 5.4% in February, compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed.

Consumption of fuel, a proxy for oil demand, totalled 17.57 million tonnes.

Sales of gasoline, or petrol, were 3.2% higher from a year earlier at 2.55 million tonnes.

Cooking gas or liquefied petroleum gas sales increased 6.1% to 2.40 million tonnes, while naphtha sales fell 2.4% to 1.19 million tonnes.

Sales of bitumen, used for making roads, were 3.4% up, while fuel oil use edged up 9.9 percent in February.


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Printable version | Jun 30, 2022 12:13:20 pm | https://www.thehindu.com/business/indias-february-fuel-demand-rises-54-year-on-year/article65207827.ece