India’s fuel demand slips to 10-month low in September: Government data
(This Oct. 7 story has been refiled to removes reference to seasonal refinery maintenance as a part driver for lower demand in the third paragraph)
(Reuters) – India’s monthly fuel demand in September was at the lowest since November 2021, government data released on Friday showed.
Total monthly fuel demand in September fell 3.6% from August, although it was up 8.1% when compared with September 2021.
Consumption of fuel, a proxy for oil demand, totaled 17.18 million tonnes in September, up from 15.89 million tonnes a year earlier, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed.
