India’s demand for refined oil products is likely to see a modest 3% growth in the upcoming financial year 2024-25, as per the data published by the Petroleum Planning and Analysis Cell. The growth will be lowest since FY22.
The country’s demand for petroleum products including jet fuel, diesel, LPG among others is likely to grow to 239 million tonne in the financial year beginning April 1. The country’s consumption of petroleum products stood at 233 million tonne last year, the data showed.
