Petrol sales shrink 15.5 per cent, diesel 24 per cent in March as lockdown wipes demand
NEW DELHI: India’s petrol sales shrank by 15.5 per cent and diesel demand tanked over 24 per cent in March as the economy froze under the nationwide lockdown announced to check the spread of COVID-19.
Also, aviation turbine fuel (ATF) sales fell by 31 per cent as flights got suspended alongside the shutting of businesses and most vehicular traffic going off-road.
Petrol sales dropped to 1.859 million tonnes in March from 2.2 million tonnes sold in the same month in 2019, according to provisional industry demand numbers.
