Diesel sales grew 8.4% year-on-year in November, ending a period of stagnation this fiscal. Petrol sales rose 9.2%, jet fuel increased by 7.7%, and LPG saw a 7.3% growth. The rise in diesel sales was supported by the sowing season, elections, and new vehicle sales.
Diesel sales grew 8.4% year-on-year in November, snapping this fiscal year’s consumption stagnation, according to the oil ministry data . Petrol, jet fuel and cooking gas also registered robust sales growth in November.
Petrol sales grew 9.2% year-on-year aided by new vehicle sales and strong mobility.
The sales of jet fuel grew 7.7%, helped by robust air traffic.
Liquefied petroleum gas, mainly used for cooking in the country, expanded by 7.3%. Diesel sales had expanded barely 0.8% during the April-October period, affected by more than normal rains and a shift towards electrification in transport.
November sales were aided by the sowing season, elections in some states and new vehicle sales, an industry executive said.
Diesel represents 40% of all refined product volumes consumed in the country.
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