India's fuel demand swell by 5.4% in May 2017

India Infoline News Service | Mumbai | June 12, 2017 14:47 IST

India's fuel demand surged by 5.4 in May as compared to the fuel demand in the previous year.

Petrol Price
India's fuel demand surged by 5.4 in May as compared to the fuel demand in the previous year.   

Fuel consumption totalled to 17.79 million tonnes during May, according to the data of the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry.
  
The sale of gasoline or petrol was also up by 15.3% in May 2017, against a sale of 2.40 million tonnes during the same period in the previous year.  
In addition, the sale of cooking gas or liquefied petroleum gas (LPG) also increased 11.6% to 1.78 million tonnes, during the corresponding month. While naphtha sales dropped 1.2% to 1.07 million tonnes during the period.

The sales of bitumen, which is used for the construction of roads, dropped 6.9%. The fuel oil usage also witnessed a slump, edging down by 2% in May 2017.

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