Consumption of fuel, a proxy for oil demand, totalled 18.49 million tonnes. Sales of gasoline, or petrol, rose 8.9% to 2.8 million tonnes. Cooking gas, or liquefied petroleum gas (LPG), sales decreased 0.1% to 2.39 million tonnes. Preliminary fuel sales data on March 1 showed India's gasoil and gasoline sales rose in February from the previous month, signalling increased industrial activity.
Sales of bitumen, used for making roads, jumped 21.5% month-on-month, while fuel oil use declined slightly more than 5% in February, compared with January.
2023 2023 2022 2022 2022 2021 Feb Jan Dec Feb Jan Dec Diesel 7.18 7.79 6.51 6.37 7.30
7.00
Petrol 2.78 2.83 2.98 2.55 2.47 2.82
LPG 2.39 2.51 2.57 2.39 2.56 2.47
Naphtha 1.04 1.1 1.2 1.1
1.06 1.16
Jet fuel 0.62 0.67 0.66 0.46 0.55
0.44
Kerosene 0.03 0.03 0.04 0.12 0.13 0.12
Fuel Oil 0.57 0.6 0.62 0.53 0.54 0.57
Bitumen 0.8 0.66 0.72 0.88 0.83 0.77
TOTAL 18.49 18.66 19.54 17.5 17.75 18.90
(Reporting by Ashitha Shivaprasad and Rahul Paswan in Bengaluru Editing by David Goodman and Devika Syamnath)
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