BackIndia’s oil demand fell 1.8% y-o-y in November
Consumption of fuel, a proxy for oil demand, totalled 17.27 million tonnes, data from the Petroleum Planning and Analysis Cell of the oil ministry showed
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New Delhi: India’s fuel demand fell 1.8% in November compared with the same month last year.
Consumption of fuel, a proxy for oil demand, totalled 17.27 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Sales of gasoline, or petrol, were 8.7% higher from a year earlier at 2.32 million tonnes.
Cooking gas or liquefied petroleum gas (LPG) sales decreased 7.8% to 1.84 million tonnes, while naphtha sales surged 10.4% to 1.21 million tonnes.
Sales of bitumen, used for making roads, were 15.4% lower, while fuel oil use edged lower 7.2 percent in November.
(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed)
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