Petrol sales jump steep 56%, diesel 39% in May
NEW DELHI: India’s fuel sales rose steeply in May as people set out on driving holidays in the hills to escape the searing heat of the plains and economic activities expanded at a trot.
Petrol consumption rose nearly 56% and the sale of diesel, the fuel used the most, shot up 39% from a year ago, industry data shows. Diesel sales were also boosted by the harvesting season demand from the farm sector.
The growth in consumption looks healthier at nearly 76% and 41.5%, respectively, compared to May 2020. But compared to May 2019, data shows a modest increase of 12% in petrol sales, while diesel consumption still remains 2.3% short of the pre-pandemic level.
