Demand for petrol and diesel is down 66 per cent in April, while aviation turbine fuel (ATF) consumption has collapsed by 90 per cent as most airlines have stopped flying, industry officials said. India’s fuel consumption slumped as a nationwide lockdown halted economic activity and travel, which eviscerated demand.
In April 2019, India had consumed 2.4 million tonnes of petrol and 7.3 million tonnes of diesel. As much as 6,45,000 tonnes of ATF was used during the same time last year.
The collapse of demand in the world’s third-biggest consumer during April comes on the back of worst fuel sales in more than a decade recorded in March 2020.