India’s petrol sales rise 2% on year, diesel decline 7.3%: Industry data
NEW DELHI: Petrol sales rose 2 per cent in September from a year earlier while diesel consumption was 7.3 per cent lower in a sign that oil demand recovery was on track despite record monthly rise in Covid cases in the country.
Petrol made a smart recovery in September after being down 7.4 per cent in August from a year earlier. Petrol sales gained 10.5 per cent in September over August, as per sales data from state-run oil companies that control nearly 90 per cent of the fuel retail market.
Diesel registered an even more dramatic recovery with sales rising 22 per cent in September over August. In August, diesel sales were down 21 per cent from a year earlier.
