Moneycontrol PRO
HomeNewsBusinessEconomyMonsoon rains dent state retailers' diesel sales, data shows

Monsoon rains dent state retailers' diesel sales, data shows

Fuel demand in India, the world's third-biggest oil importer and consumer, typically falls during the four-month monsoon season beginning in June as parts of the country are affected by heavy floods

September 16, 2024 / 17:52 IST
The state fuel retailers sold 1.32 million tons of liquefied petroleum gas in the first half of September, up 3.3% from the previous month and down 2.9% from last year.
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Indian state retailers' diesel sales fell in the first half of September from the previous month, preliminary sales data showed on September 16, as monsoon rains hit industrial activity and mobility.

    Fuel demand in India, the world's third-biggest oil importer and consumer, typically falls during the four-month monsoon season beginning in June as parts of the country are affected by heavy floods.

    State retailers sold 2.4 million metric tons of diesel in the first half of September, down 4 percent from the same period in August and by 12.3 percent from a year earlier, the data showed. Diesel in mostly used by trucks and commercial vehicles.

    Sales of gasoline, primarily used in passenger vehicles, remained flat at 1.23 million tons. However gasoline sales was down 5.1 percent from the first of September last year, the data showed.

    Apart from restricting mobility, monsoon rains also hit demand from the agriculture sector as farmers use gasoil-fired generators for irrigation.

    Petrol & Diesel Rates Oct 20, 2025

    Monday, 20th October, 2025

    Petrol Rate in Mumbai Oct 20, 2025

    • Current Petrol Price Per Litre
      104

    Monday, 20th October, 2025

    Diesel Rate in Mumbai Oct 20, 2025

    • Current Petrol Price Per Litre
      90
    Show

    Gasoil consumption is directly linked to industrial activity in Asia's third-largest economy.

    State retailers Indian Oil Corp, Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd own about 90 percent of the country's retail fuel outlets.

    The four state fuel retailers sold 1.32 million tons of liquefied petroleum gas in the first half of September, up 3.3 percent from the previous month and down 2.9 percent from last year.

    Aviation fuel sales at 303,600 tons were down 1.1 percent from the last month, the data showed.

    Reuters
    first published: Sep 16, 2024 05:52 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
    CloseOutskill Genai