India's fuel demand sees sharpest rebound in February
1 year, 10 months ago

India's fuel demand sees sharpest rebound in February

The Hindu  

India's fuel demand witnessed the sharpest rebound in February as petrol and diesel consumption rose by double digits after a winter lull in the previous month, preliminary industry data showed on Thursday. Petrol sales jumped almost 18% to 1.22 million tonnes in the first half of February, as compared to 1.04 million tonnes of consumption in the same period of last year. Diesel, the most used fuel in the country, posted a near 25% rise in sales during February 1-15 to 3.33 million tonnes, as compared to the same period last year. Reflecting the trend, jet fuel demand jumped 43.7% to 2,94,000 tonnes during the first half of February when compared to the same period last year.

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