Car sales & summer heat fuel petrol demand in April

Sales of petrol by state-run fuel retailers rose 12.3%, showed provisional data sourced from state-run companies. This is lower than the overall increase of 14% for the industry, indicating market share expansion for private players. Similarly, diesel sales by state-run companies fell 2.3% against an overall 1% rise for the industry in April. ATF and LPG sales by state-run companies expanded by 7% and 12%, respectively, in April.

NEW DELHI: Petrol consumption rose 13.8% year-on-year in April while diesel sales inched up barely 1%, according to provisional data published by the oil ministry.

Sales of aviation turbine fuel and liquefied petroleum gas ( LPG ) increased by 8.4% and 12%, respectively, in April.

Sales of petrol by state-run fuel retailers rose 12.3%, showed provisional data sourced from state-run companies.

This is lower than the overall increase of 14% for the industry, indicating market share expansion for private players.

Similarly, diesel sales by state-run companies fell 2.3% against an overall 1% rise for the industry in April.

ATF and LPG sales by state-run companies expanded by 7% and 12%, respectively, in April.

Robust vehicle sales and the arrival of summer have helped boost petrol demand.

Vast majority of passenger vehicles sold in India are currently petrol-powered.

Campaigning for the ongoing general election, which increases mobility, also contributes to higher demand.

Diesel is used mainly by long-haul transporters, farmers and miners.

Meanwhile, rising air traffic helped boost jet fuel consumption.

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