India`s fuel demand rose 4.3 percent y/y in December

India's fuel demand rose 4.3 % in December compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 16.53 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

 

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Sales of gasoline, or petrol, were 7.7% higher from a year earlier at 1.96 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales increased 7.9 % to 1.94 million tonnes, while naphtha sales surged 5.5% to 1.08 million tonnes. 

 

Sales of bitumen, used for making roads, were 2.1% lower, while fuel oil use edged up 14.0 percent in December.

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