New Delhi: Petrol gross sales rose 2.8% year-on-year in September whereas diesel dropped 2%, signalling a slowdown in India’s oil demand. Liquefied petroleum gasoline (LPG), used primarily for cooking within the nation, rose 1%, based on the oil ministry knowledge.
Within the April-August interval, diesel gross sales rose 1% year-on-year, petrol 8% and LPG 7%. The September gross sales progress for these three most consumed refined fuels within the nation has slipped under the April-August common. Jet gas gross sales elevated 9.5% in September on the again of robust air site visitors. The compounded annual progress fee for jet gas has been 2% since 2019. It’s 1.7% for diesel, 4.5% for LPG and 5.8% for petrol since 2019.
A slowdown in car gross sales, rainfall and a change to different fuels have contributed to weaker gas consumption in September.
