Home Business Petrol, diesel gross sales bounce in Might on driving holidays, farm demand

Petrol, diesel gross sales bounce in Might on driving holidays, farm demand

Petrol, diesel gross sales bounce in Might on driving holidays, farm demand

Sharing is caring!

NEW DELHI: India’s gas gross sales rose steeply in Might as folks set out on driving holidays within the hills to flee the searing warmth of the plains and financial actions expanded at a trot.
Petrol consumption rose almost 56% and the sale of diesel, the gas used probably the most, shot up 39% from a 12 months in the past, business information reveals. Diesel gross sales had been additionally boosted by the harvesting season demand from the farm sector.
The expansion in consumption appears to be like more healthy at almost 76% and 41.5%, respectively, in comparison with Might 2020. However in comparison with Might 2019, information reveals a modest enhance of 12% in petrol gross sales, whereas diesel consumption nonetheless stays 2.3% wanting the pre-pandemic stage.
In a optimistic development for refiners, jet gas gross sales rose 110% from a 12 months in the past on the again of elevated air journey, whereas the expansion stands at 401% over Might 2020 when consumption had tanked 70%. As in comparison with Might 2019, the jet gas gross sales are nonetheless 16% decrease than the pre-pandemic stage.
LPG, or widespread family cooking gas, consumption rose just a little greater than 1% from a 12 months in the past, whereas it was 4.8% decrease than gross sales in the identical interval of 2020 when stayed at dwelling because of the lockdown, resulting in extra cooking. In comparison with Might 2019, nonetheless, the demand was 7.6% increased.

Leave a Reply

Your email address will not be published.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.