India’s fuel demand fell 5.0% in November
India’s fuel demand fell 5.0 percent in November compared with the same month last year.
Consumption of fuel, a proxy for oil demand, totalled 17.83 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Sales of gasoline, or petrol, were 5.2 percent higher from a year earlier at 2.67 million tonnes.
Cooking gas or liquefied petroleum gas (LPG) sales increased 3.5 percent to 2.35 million tonnes, while naphtha sales surged 7.3 percent to 1.35 million tonnes.
Sales of bitumen, used for making roads, were 25.1 percent up, while fuel oil use edged up 4.4 percent in November
Source: Reuters (Reporting by NEW DELHI newsroom)