Fuel Demand Rises 5.4% In May
India's fuel demand rose 5.4 per cent in May, compared with the same period last year. Consumption of fuel, a proxy for oil demand, totalled 17.79 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Sales of gasoline, or petrol, were 15.3 per cent higher from a year earlier at 2.40 million tonnes.
Cooking gas or liquefied petroleum gas (LPG) sales increased 11.6 percent to 1.78 million tonnes, while naphtha sales fell 1.2 per cent to 1.07 million tonnes.
Sales of bitumen, used for making roads, were 6.9 per cent lower, while fuel oil use edged down 2 per cent in May.
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