Diesel gross sales throughout August 1-15 have been round 2.1 million tonnes, down by about 15.34% over the corresponding interval of the earlier month and about 7.9% decrease than the corresponding interval of 2019. Petrol gross sales stood at 985,820 tonnes, a decline of 4.93% over the identical interval. Last month however increased by 3.74% as in comparison with July 2019.
see picturesFor the primary time since May this yr, there was a decline within the native gross sales of petrol for August 1-15 on a month-to-month foundation.
Diesel and petrol gross sales by Indian state-run retailers fell within the first fortnight of August from a month earlier as monsoon rains dampened demand for auto fuels, preliminary gross sales information confirmed.
Diesel gross sales throughout August 1-15 have been about 2.1 million tonnes decrease by about 15.34% over the corresponding interval of the earlier month and about 7.9% decrease than the corresponding interval of 2019.
Diesel accounts for about two-fifths of India’s complete refined gas consumption and is instantly linked to industrial exercise in Asia’s third largest economic system.
Auto gas demand surged final month as coronavirus infections eased as provincial governments eased restrictions.
Diesel accounts for about two-fifths of India’s complete refined gas consumption and is instantly linked to industrial exercise.
However, heavy monsoon rains in some elements of the nation brought on large flooding in early August, decreasing demand for diesel and petrol.
State-run Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp Ltd personal practically 90% of the nation’s retail gas retailers.
For the primary time since May this yr, the native gross sales of petrol for August 1-15 on a month-to-month foundation declined.
Petrol gross sales stood at 985,820 tonnes, a decline of 4.93% over the identical interval final month, however up 3.74% over the identical interval of 2019.
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With inputs from NDTV
