Petrol sales rises 2.8% in September, diesel drops 2%
Last Updated: Oct 01, 2024, 11:54:00 PM IST
Petrol sales in India saw a 2.8% increase in September year-on-year, while diesel fell by 2%, indicating an oil demand slowdown. LPG sales rose by 1%. The growth rates for these fuels in September were lower than the April-August averages. Jet fuel sales jumped 9.5% driven by strong air traffic.
New Delhi: Petrol sales rose 2.8% year-on-year in September while diesel dropped 2%, signalling a slowdown in India's oil demand.
Liquefied petroleum gas ( LPG ), used mainly for cooking in the country, rose 1%, according to the oil ministry data.
In the April-August period, diesel sales rose 1% year-on-year, petrol 8% and LPG 7%. The September sales growth for these three most consumed refined fuels in the country has slipped below the April-August average.
Jet fuel sales increased 9.5% in September on the back of strong air traffic.
The compounded annual growth rate for jet fuel has been 2% since 2019.
It is 1.7% for diesel, 4.5% for LPG and 5.8% for petrol since 2019.
A slowdown in vehicle sales, rainfall and a switch to alternative fuels have contributed to weaker fuel consumption in September.
Union Minister Nitin Gadkari projected that India's electric-vehicle market will grow to about ₹20 lakh crore by 2030, underlining how fast EV adoption and charging demand are expected to scale.
Fuel prices firmed up in early September 2026 — Delhi petrol was around ₹102 and diesel near ₹95, while some cities saw petrol close to ₹115 and diesel above ₹100, driven by crude volatility and a softer rupee.
CNG, hybrid and electric vehicles together took a 41.95% share of passenger-vehicle retail sales in August 2026 — edging past petrol for the first time as buyers chase lower running costs.
The Cabinet has approved a Rs 7,145.14 crore, 117.7-km access-controlled greenfield highway between Kanpur and Kabrai on NH-34 in Uttar Pradesh. The BOT toll project is designed to cut travel time from 3.5 hours to 1.5 hours, strengthen links to the Kabrai mining belt and Bundelkhand corridor, and lower logistics friction for freight, construction material and agricultural movement.
