India’s fuel demand drops in September amidst slowdown

NEW DELHI : India’s fuel demand dropped in September amidst the domestic economy battling a severe demand slowdown.

According to data from the Petroleum Planning and Analysis Cell (PPAC), the consumption of petroleum products last month fell to 16.01 million tonnes (mt) from 16.06 mt in September last year. The fall was primarily on account of transportation fuel such as diesel and the bitumen used in road construction.

While diesel demand fell by 3.2% to 5.8 mt in September, bitumen demand fell by 7.29% to 343,000 tonnes.