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India's fuel demand increases more than 6% y-o-y

According to the country's Petroleum Planning and Analysis Cell, India's fuel consumption rose by 6.1% year-on-year in April.

Total consumption totalled 19.86 MMt (4.85 MMbpd) in April, up from 18.71 MMt last year, data showed. Demand was down 5.8% on a monthly basis from the 21.09 MMt consumed in March.

Sales of diesel, mainly used by trucks and commercially run passenger vehicles, rose by 1.4% year-on-year to 7.93 MMt in April.

Sales of gasoline in April rose 14% from the previous year to 3.28 MMt. Demand for bitumen, used for making roads, fell by over 5% annually.

Cooking gas, or LPG sales rose by nearly 10% to 2.36 MMt, while naphtha sales gained by 3.9% to about 1.16 MMt, compared with last April, the data showed.

Fuel oil use decreased by more than 16% year-on-year in April.

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