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Petrol, diesel consumption rebound on festival demand
Mint Mumbai
|December 02, 2024
Petrol sales of three state-owned firms soared 8.3% while diesel demand was up 5.9%
India's petrol and diesel consumption soared in November as the festive season reversed a fall in demand witnessed in previous months, preliminary data of state-owned firms showed on Friday.
While petrol sales had shown a year-on-year increase, diesel has been a laggard since monsoon and November was the first month that saw positive growth in consumption. Petrol sales of three state-owned firms, which control 90% of the fuel market, soared 8.3% to 3.1 million tonnes in November compared to 2.86 million tonnes of consumption in the same month last year. Diesel demand was up 5.9% to 7.2 million tonnes.
This story is from the December 02, 2024 edition of Mint Mumbai.
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