Diesel is India’s most consumed gas, accounting for nearly 40 per cent of all petroleum product consumption.
Fuel consumption has been on a see-noticed over the past couple of months.
India’s diesel consumption within the first half of December recovered from the steep fall seen final month on transporters taking a Diwali break, however gross sales have been nonetheless decrease than final yr, preliminary knowledge of state-owned corporations confirmed.
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Diesel consumption at 3.15 million tonne throughout December 1 to fifteen was 0.7 per cent increased than 3.13 million tonne demand within the first half of November. The demand was 8.1 per cent decrease than 3.43 million tonne consumption in December 1-15, 2022.
Industry officers mentioned the November dip in gross sales was largely on account of some truckers taking Diwali break to go to their properties.
Diesel is India’s most consumed gas, accounting for nearly 40 per cent of all petroleum product consumption. The transport sector accounts for 70 per cent of all diesel gross sales within the nation.
Petrol gross sales by three state-owned gas retailers rose 0.7 per cent to 1.22 million tonne within the first fortnight of December on elevated private car motion.
Fuel consumption has been on a see-noticed over the past couple of months.
Petrol demand had fallen 9 per cent yr-on-yr within the first half of October and diesel gross sales by 3.2 per cent however the begin of Navratri/Durga Puja celebration helped reverse the development. Diesel demand fell 12.1 per cent within the first half of November and recovered a bit within the second half.
Consumption of petrol throughout December 1 to fifteen was 9.5 per cent greater than within the COVID-marred December 1-15, 2021 and 27.5 per cent greater than in pre-pandemic December 2019.
Diesel demand was up 9.5 per cent over the primary fortnight of December 2021 and eight per cent increased in comparison with December 1-15, 2019.
Jet gas (ATF) gross sales rose 2.6 per cent yr-on-yr to 309,500 tonne in December 1-15 this yr. But this was 8.6 per cent decrease than in December 2019, primarily as a result of not all worldwide flights have resumed after the pandemic.
ATF consumption was 22.8 per cent greater than in December 2021, however decrease than 338,890 tonne utilized in pre-COVID December 2019.
Month-on-month jet gas gross sales have been down 0.4 per cent in comparison with 310,900 tonne in first fortnight of November 2023.
Cooking gasoline LPG gross sales have been up 2.3 per cent yr-on-yr at 1.35 million tonne in December 1-15. LPG consumption was 8.6 per cent increased than in December 1-15, 2021 and 26 per cent greater than in pre-COVID December 2019.
Month-on-month, LPG demand rose 7.3 per cent in opposition to 1.25 million tonne of LPG consumption throughout November 1-15, the info confirmed.
(This story has not been edited by News18 workers and is printed from a syndicated information company feed – PTI)
