India’s November diesel sales down 7% y/y, petrol up 5%: Preliminary data

India’s diesel sales in November declined 7% from a year earlier although they rose by 8% on previous months, preliminary data on fuel sales by state refiners showed.

Diesel consumption, a key parameter linked to economic growth and which accounts for about 40% of overall refined fuel sales in India, totalled about 6.21 million tonnes in November.

Sales of gasoline rose 4.9% from a year earlier to 2.4 million tonne, a growth of about 8% from October.

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