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India's fuel demand rose 7.5% in December

Consumption of fuel, a proxy for oil demand, totalled 17.39 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

January 10, 2018 / 10:37 IST

India's fuel demand rose 7.5 percent in December compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 17.39 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Sales of gasoline, or petrol, were 10.3 percent higher from a year earlier at 2.17 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales increased 6.0 percent to 2.06 million tonnes, while naphtha sales fell 1.4 percent to 1.02 million tonnes.

Sales of bitumen, used for making roads, were 3.7 percent up, while fuel oil use edged lower 10.1 percent in December.

Reuters
first published: Jan 10, 2018 10:31 am

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