India’s gasoline consumption rose to a seven-month excessive in December to about 20.054 million metric tons (mmt), information from the Petroleum Planning and Evaluation Cell (PPAC) of the oil ministry confirmed. Complete consumption, a proxy for oil demand, in December rose by 6.2% from 18.89 million tons (mt) in November, information confirmed. It was up round 2.6% in contrast with the identical interval a 12 months earlier.
Gross sales of diesel, primarily utilized by vans and commercially-run passenger automobiles, rose by 0.9% month-on-month to 7.6 (mt). Gross sales of petrol in December slipped 4.5% from the earlier month to 2.99 (mt).
Gross sales of bitumen, used for making roads, rose by 12.9% from November, whereas gasoline oil use elevated by 9.6% in December. Cooking fuel, or liquefied petroleum fuel gross sales rose by 5.6% to 2.63 (mt), whereas naphtha gross sales jumped by 27.9% to about 1.33 (mt), the info confirmed.