Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the change-wp-admin-login domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u168781334/domains/cashmycurrency.com/public_html/wp-includes/functions.php on line 6260
India's fuel demand in December rose 2.1% y/y – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

India's fuel demand in December rose 2.1% y/y

India's fuel demand in December rose 2.1% y/y

Image used for representational purposes. File Photo S.S. Kumar

India’s fuel demand rose 2.1% in December compared with the same month in 2023, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Tuesday, January 7, 2025.

Consumption of fuel, a proxy for oil demand, totalled 20.67 million metric tons, the data showed.

Sales of gasoline, or petrol, were up 10.8% from a year earlier at 3.3 million tons. Diesel consumption was up 6% on a yearly basis at 8.1 million tons in December. Cooking gas, or liquefied petroleum gas (LPG), sales increased 5.8% to 2.78 million tons, while naphtha sales fell 22.7% to 1.07 million tons.

Sales of bitumen, used for making roads, were 6.6% higher, while fuel oil use rose 1.1% in December.

DOMESTIC SALES (in million tons):

| 2024 2024 2024 2023 2023 2023 |

| DEC. NOV. OCT. DEC. NOV. OCT. |

Diesel – 8.06 8.17 7.65 7.60 7.53 7.63

Petrol – 3.31 3.43 3.41 2.99 3.13 3.14

LPG – 2.78 2.67 2.72 2.63 2.49 2.50

Naphtha – 1.07 1.05 1.16 1.39 1.05 1.19

Jet fuel – 0.78 0.75 0.76 0.72 0.69 0.69

Kerosene – 0.04 0.04 0.03 0.04 0.05 0.03

Fuel Oil – 0.57 0.53 0.62 0.57 0.51 0.53

Bitumen – 0.79 0.71 0.64 0.74 0.62 0.75

TOTAL – 20.67 20.46 20.25 20.25 18.68 19.47

Scroll to Top