India’s December fuel demand rises 3.1% year on year
India’s fuel consumption, a proxy for oil demand, rose 3.1% year on year in December to 19.60 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Monday.
Sales of gasoline, or petrol, were 5.9% higher at 2.98 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales increased 3.9% to 2.58 million tonnes.
