Active Stocks

Wed Dec 06 2023 14:23:42

Tata Steel share price
132.15 0.42%

State Bank Of India share price
608.4 0%

Power Grid Corporation Of India share price
223.3 0.4%

Tata Motors share price
714.55 0.88%

NTPC share price
281.3 -1.47%

Business News/ Industry / Energy/ India’s fuel demand falls 4.5% in January

Back

India’s fuel demand falls 4.5% in January

1 min read 10 Feb 2017, 05:32 PM IST Join us

PTI

Consumption of fuel, a proxy for oil demand, totalled 15.52 million tonnes, oil ministry data shows

Sales of bitumen, used for making roads, were 10.9% lower, while fuel oil use edged lower 10.7% in January. Photo: Ramesh Pathania/ Mint

New Delhi: India’s fuel demand fell 4.5% in January compared with the same month last year. Consumption of fuel, a proxy for oil demand, totalled 15.52 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Sales of gasoline, or petrol, were 0.6% lower from a year earlier at 1.81 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales increased 16.4% to 1.98 million tonnes, while naphtha sales surged 5.8% to 1.10 million tonnes.

Sales of bitumen, used for making roads, were 10.9% lower, while fuel oil use edged lower 10.7% in January.

Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.

Related Premium Stories

The $245 bn IT services industry in India is witnessing diminishing profitability.

R&D spends of Indian IT majors on a decline

A general view of residential buildings amid the coastal road construction work in Mumbai on 1 December. The Mumbai metropolitan region (MMR) currently has 592,650 residential units under construction.

Build in India: Inside the great construction boom

The EIB is the lending arm of the European Union, with around €5 billion in investments in India since 1993.

European Investment Bank eyes green hydrogen to add to India renewables push

Jyoti Deshpande, president of RIL’s media and content business.

JioCinema turns choosy; Jio Studios looks for new content buyers

The central bank's past experience with such tools has been mixed (Photo: Mint)

What the RBI’s risk-weight rejig could achieve, explained in charts

Goa tourism and IT minister Rohan Khaunte.

Domestic tourism surges in Goa; focus shifts to recovery in overseas arrivals

People settle down to watch Tiger 3 at an Inox multiplex in Meerut, Uttar Pradesh.

The return of the Bollywood potboiler

Consumers in India use a whole variety of pulses, including tur (pigeon pea), masoor (lentils), chana (gram), urad (black gram), and moong (green gram) as a staple.

Racing pulses: Why aren’t dal prices dropping?

The banks are grappling with what they term as “infant mortality”, referring to the trend of new hires opting for logistics and delivery services, and leaving their jobs within the first one to three months.

Battling ‘Infant Mortality’: Lenders bank on freshers to address high attrition

Companies are especially seeking non-independent directors with niche talent in digital and consumer behaviour, and an understanding of generative artificial intelligence. (Photo: iStock)

How independent directors’ pay doubled in five years

Explore Premium

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Published: 10 Feb 2017, 05:32 PM IST

Next Story

Energy Stocks

Adani Green Energy

₹1,34814.69%

Indian Oil Corporation

₹117.71.06%

JSW Energy

₹415.24.68%

NHPC

₹58.941.41%

NTPC

₹285.5-1.51%

Switch to the Mint app for fast and personalized news - Get App