NEW DELHI: India\u2019s fuel demand has started crawling up after faltering in July, with petrol consumption reaching nearly 92% of the year-ago period but diesel consumption continued to skid as widespread rains, floods and local lockdowns in industrialised states combined to scupper demand from farm, construction and transport sectors.
\nLatest industry data showed August petrol sales rising to 2,140 tmt (thousand metric tonnes), an increase of 6% from the July volume, as more curbs were eased and people increasingly opted for personal vehicles to get around. Similarly, jet fuel sales rebounded to 238 tmt, or 8% higher than a month ago, as the number of flights increased.
\nBut diesel sales, a key indicator of economic activity since it is mainly used in the farm, transport and construction sectors, dropped to 4,257 tmt, or 12% lower than July.
\nAccording to Hindustan Petroleum chairman M K Surana, diesel sales remained affected because industrial activity was not yet back fully and flow of material and products needed to stabilise after the ready stocks were gone. \u201cThere is no leisure travel. Low flight and train operations means lesser use of taxis by travellers,\u201d he told TOI recently.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: India\u2019s fuel demand has started crawling up after faltering in July, with petrol consumption reaching nearly 92% of the year-ago period but diesel consumption continued to skid as widespread rains, floods and local lockdowns in industrialised states combined to scupper demand from farm, construction and transport sectors. Latest industry data showed August petrol sales rising to 2,140 tmt (thousand metric tonnes), an increase of 6% from the July volume, as more curbs were eased and people increasingly opted for personal vehicles to get around. Similarly, jet fuel sales rebounded to 238 tmt, or 8% higher than a month […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-371240","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=371240"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371240\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=371240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=371240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=371240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}