India’s fuel demand rebounds in June

India’s fuel demand rebounded in June as a pick-up in economic activity following easing of coronavirus restrictions accelerated petrol sales to 90 per cent of pre-virus levels. Petrol sale rose 5.5 per cent year on year to 2.12 million tonnes in June. It was up 29.35 per cent from May but 10.4 per cent lower than pre-Covid time in June 2019, preliminary data from state fuel retailers showed.

The sale of Diesel – the most used fuel in the country – rose 18.5 per cent from May to 5.35 million tonnes but was down 1.84 per cent from June 2020 and 18.8 per cent from June 2019.