State-run oil cos’ petrol sales rise 3.8%, diesel sales drop 4.3% in July

State-run oil companies sold 3.8% more petrol and 4.3% less diesel in July compared to the same month last year, with sales being impacted by heavy rains as well as the return of private sector fuel retailers to the market.

Jet fuel sales rose 10.3% year-on-year in July as airlines flew more passengers, according to the provisional sales data obtained from state-run oil marketing companies. Consumption of liquefied petroleum gas (LPG), primarily used for cooking in the country, fell 1.7% in July.