Diesel gross sales soar on agricultural demand
Month-on-month gross sales rose 8.4 per cent when put next with 3.19 million tonnes of diesel consumed within the first half of March that had witnessed seasonal slowdown.
Petrol gross sales rose about 2 per cent to 1.14 million tonnes throughout April 1 to fifteen when put next with the identical interval of final 12 months. Gross sales nevertheless fell 6.6 per cent month-on-month, the information confirmed.
Within the first half of March, petrol gross sales had fallen 1.4 per cent and diesel 10.2 per cent year-on-year.
Consumption of petrol in April first half was 14.6 per cent greater than COVID-marred April 1-15, 2021 and virtually 128 per cent greater than in the identical interval of 2020.
Diesel consumption was up 24.3 per cent over April 1-15, 2021 and 127 per cent increased than in the identical month of 2020.
With the continued opening of the aviation sector, India’s general passenger visitors at airports inched nearer to pre-COVID ranges.
Reflecting the development, jet gas (ATF) demand jumped 14 per cent to 2,84,600 tonnes in the course of the first half of April when in comparison with the identical interval final 12 months. It was 35 per cent increased than April 1-15, 2021 and 467.6 per cent greater than the identical interval in 2020. Month-on-month gross sales nevertheless fell 3.8 per cent.
India is having fun with regular progress, with help from the companies sector in addition to the commercial aspect of the economic system. The nation’s oil demand was supported by sturdy industrial exercise, trade officers mentioned.
By way of merchandise, diesel was the primary driver of oil demand as there was a decide up within the agriculture sector, in addition to necessities for energy era and trade. Use of the gas in irrigation pumps and trucking supported diesel.
Cooking fuel
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