New Delhi: Fuel sales in India rose sharply in May as people went on holiday in the hills to escape the scorching heat of the plains and economic activity expanded.
Industry data shows petrol consumption grew by about 56% and sales of diesel, the most widely used fuel, grew 39% compared to a year ago. The sale of diesel was also boosted by the demand from the agriculture sector during the harvesting season.
Consumption growth looks healthy at around 76% and 41.5% as compared to May 2020. But as compared to May 2019, the data shows a marginal increase of 12% in the sales of petrol, while the consumption of diesel is still down by 2.3% as compared to earlier. – Epidemic level.
in positive Development For ResearcherJet fuel sales grew 110% compared to a year ago on account of increased air travel, as against 401% growth in May 2020, when consumption stood at 70%. Compared to May 2019, jet fuel sales are still down 16% from pre-pandemic levels.
LPG, or Common Household kitchen gasConsumption grew a little over 1% from a year ago, while it was down 4.8% compared to sales in the same period of 2020, when staying home due to the lockdown led to a higher rise in cooking. However, the demand was 7.6% higher as compared to May 2019.
Industry data shows petrol consumption grew by about 56% and sales of diesel, the most widely used fuel, grew 39% compared to a year ago. The sale of diesel was also boosted by the demand from the agriculture sector during the harvesting season.
Consumption growth looks healthy at around 76% and 41.5% as compared to May 2020. But as compared to May 2019, the data shows a marginal increase of 12% in the sales of petrol, while the consumption of diesel is still down by 2.3% as compared to earlier. – Epidemic level.
in positive Development For ResearcherJet fuel sales grew 110% compared to a year ago on account of increased air travel, as against 401% growth in May 2020, when consumption stood at 70%. Compared to May 2019, jet fuel sales are still down 16% from pre-pandemic levels.
LPG, or Common Household kitchen gasConsumption grew a little over 1% from a year ago, while it was down 4.8% compared to sales in the same period of 2020, when staying home due to the lockdown led to a higher rise in cooking. However, the demand was 7.6% higher as compared to May 2019.