India’s fuel demand rose for the fourth straight month in December as the resumption of economic activity took consumption to 11-month high, but it was about 2 per cent lower than pre-COVID levels.
The total demand for petroleum products in December 2020 fell to 18.59 million tonnes from 18.94 million tonnes a year back, according to provisional data published by the oil ministry’s Petroleum Planning and Analysis Cell.
Fuel consumption, however, posted a month-on-month increase for the fourth straight month, helped by reviving transportation and business activity.
India had consumed 17.86 million tonnes in November.
The consumption in December was the highest since February 2020.
