BENGALURU, March 16 (Reuters) - Indian state refiners posted a 4.6%
drop in sales of gasoil to 3.18 million tonnes in the first half of March from
the same period last month, preliminary sales data showed, indicating slower
economic activity.
Gasoil accounts for about two-fifths of refined fuel consumption in India
and is directly linked to industrial activity.
While gasoil is mainly used by trucks, gasoline is used in passenger
vehicles. Sales of gasoline fell 0.5% to 1.22 million tonnes during the period,
the data showed.
State-run companies - Indian Oil Corp , Hindustan Petroleum Corp and Bharat Petroleum - own about 90% of India's retail fuel
outlets.
Below is a table of India's preliminary fuel sales data with volumes in
thousand tonnes.
Refined fuels March 1-15 Feb. 1-15 %Chg vs %Chg yr/yr %Chg vs
Feb. 1-15 2021
Gasoline 1222.6 1229.2 -0.5 -1.4 16.4
Gasoil 3179.7 3332.6 -4.6 -10.2 11.5
Jet Fuel 294.9 295.1 -0.06 19.2 35.6
Liquefied 1182.9 1393.3 -15.10 -9.71 7.1
Petroleum Gas
(Reporting by Nallur Sethuraman in Bengaluru and Nidhi Verma in New Delhi;
Editing by Sohini Goswami)
nallur.sethuraman.thomsonreuters.com@reuters.net))
