Page 2 - India's Fuel Demand

World may see peak of petrol demand by 2035 but not in India: Official

The world is likely to see peak demand for petrol by the late 2020s and for diesel by 2035, a senior petroleum ministry official said Thursday

India's fuel consumption falls 5% in February over surge in prices

India's fuel consumption fell for the second month in a row in February to its lowest since September as record-high prices hindered demand recovery. Petroleum product consumption fell 4.9 per cent to 17.21 million tonnes in February as demand for both petrol and diesel fell, according to data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas. Petrol and diesel prices across the country rose to their highest levels last month before state-owned fuel retailers put on hold any further price increase ostensibly to contain political fallout for the ruling party in the ensuing assembly elections in states like West Bengal. Diesel, the most used fuel in the country, fell 8.5 per cent to 6.55 million tonnes while petrol consumption was down 6.5 per cent to 2.4 million tonnes. Naphtha sales remained unchanged but the sale of bitumen - used for making roads - was down 11 per cent. Cooking gas LPG sales were up 7.6 per cent. Crude oil suppliers

Sustained marketing margins, recovering demand aid profitability of OMCs

The agency expects above long-term average MMs from FY22, which should aid GRMs in the short term

India's September fuel demand posts first monthly gain since June

India's fuel demand in September rose for the first time since June as easing restrictions supported economic activity and travel, but consumption remained weaker than a year earlier

India fuel demand headed for 5-year low as truck operators idle vehicles

India's truckers are facing multiple headwinds that are crimping diesel consumption and overall oil demand

Top headlines: FPIs turn positive, Kamala Harris as V-P nominee and more

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Fuel demand recovery stalled in July amid Covid lockdown, prices: Report

Sale of Aviation Turbine Fuel (ATF) rose 3.8 per cent in July from a month earlier but is down 65 per cent from the July of 2019

India's petrol, diesel demand falls again due to high prices, lockdown

India on Friday became the third country in the world to record more than one million cases of the new coronavirus, behind only the United States and Brazil

India fuel demand extends recovery from 13-yr low as economic opens up

On a year-on-year basis, demand for diesel registered its fourth straight decline in June at 15.4%

India's fuel demand declines 7.9% yoy in June, consumption totals 16.29 MT

Cooking gas or liquefied petroleum gas (LPG) sales increased 15.7 per cent to 2.08 million tonnes

India's monthly fuel demand jumps 47.4% in May as Covid-19 lockdown eases

Fuel consumption, a proxy for oil demand in Asia's third biggest economy, totalled 14.65 million tonnes in May, 47.4% higher than in April but still 23.3% lower than a year earlier

Covid-19 crisis and the problem of plenty for India's fuel sector

The plummeting demand for energy across the board is causing a major headache for the sector will be how to balance its limited storage capacity

India's fuel consumption grew 10.5% in November: Oil Ministry data

Sales of gasoline, or petrol, were 9.2 percent higher from a year earlier at 2.53 million tonnes.

India's fuel demand dips to lowest in over two years in Sept: Govt data

Diesel, the most used fuel in the country, saw demand drop by 3.2 per cent to 5.8 million tonnes, while naphtha sales were down by a quarter to 844,000 tonnes

India's May fuel demand up 3.4% to 18.72 mn tonnes, LPG sales rise 14%

Sales of gasoline, or petrol, were 2.0 per cent higher from a year earlier at 2.46 million tonnes.

India's fuel demand increases 7.7% y-o-y in February

Sales of gasoline, or petrol, were 9.4% higher from a year earlier at 2.08 million tonnes

India's fuel demand rises 6.2% in November

Sales of bitumen, used for making roads, were 16.4 per cent up, while fuel oil use edged unchanged in November

India's fuel demand rose 10% in September: Govt

Diesel sales in September surged 16.5% to 6.08 MT while petrol consumption jumped 17.85% to 2.14 MT

India's fuel demand rose 9.9% in September: Govt

Sales of gasoline, or petrol, were 17.9 percent higher from a year earlier at 2.14 million tonnes

India needs more fuel; demand rose 0.4% in June

Sales of gasoline, or petrol, were 11.9% higher from a year earlier at 2.07 mn tonnes