India’s fuel demand drops 3.6% in November

India’s fuel demand fell 3.6 per cent year-on-year in November, reversing the return to normal consumption levels attained in the previous month.

Total demand for petroleum products in November fell to 17.83 million tonnes from 18.51 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 third straight month, helped by reviving transportation and business activity.

Read more

You may also like

Comments are closed.