India’s fuel sales in June at 88% of pre-Covid levels, says govt

India’s fuel sales in June reached 88 per cent of the pre-Covid-19 levels as easing of lockdown restrictions is reviving economic activities, the government said on Wednesday.

“The sales of petroleum products in India, the world’s third-biggest oil consuming nation, had in April fallen to the lowest since 2007, due to the nationwide lockdown, necessitated to prevent the spread of Covid-19 pandemic,” an official statement said.

Demand, however, began to revive in May and in June reached 88 per cent of pre-Covid levels, it said. “India’s overall petroleum products consumption, which had nosedived in last week of March and April this year, is now steadily getting to its pre-lockdown levels in June, as emanating from the PSUs’ (IOC, BPCL, and HPCL) sales figures,” it said.