Diesel demand lags as petrol demand continues to increase in August
ROADS & HIGHWAYS

Diesel demand lags as petrol demand continues to increase in August

The fuel demand recovery in India remained uneven in August as the consumption of petrol constantly increased, but diesel sales fell, as shown by the preliminary data from state fuel retailers on Wednesday.

Fuel retailers owned by the State sold 2.43 million tonne (mt) petrol in August, which is 13.6% more than a year ago. This is 4.1% higher than petrol sales of 2.33 million tonnes in August 2019 during pre-covid.

The most used fuel in the country, diesel sales increased by 15.9% to 4.94 mt during August 2021 over the previous year but was down 9.8% from August 2019.

During August, the diesel sale was 9.3% lower than the previous month, primarily because of lower mobility due to the monsoon. Consumption of Diesel was 8% lower in the first half of August than pre-covid levels.

The fuel demand had almost recovered in March before the outbreak of the second wave of Covid-19 infections, which led to the reimposition of lockdown in different states, muting economic activity and stalling mobility.

IOCL Chairman S M Vaidya told the media on July 30 that the petrol consumption has increased over pre-Covid levels as people prefer personal transport over public transport.

He said that ATF consumption would most probably return to normal by the end of the current fiscal year in March. It has witnessed the most severe fall as air travel was restricted beginning March 2020.

LPG fuel consumption, which is the only fuel that showed growth even during the first lockdown because of free supplies the government provided to the poor, increased by 1.85% every year to 2.32 mt in August. It was 2.4% lower than August 2019.

Image Source

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The fuel demand recovery in India remained uneven in August as the consumption of petrol constantly increased, but diesel sales fell, as shown by the preliminary data from state fuel retailers on Wednesday. Fuel retailers owned by the State sold 2.43 million tonne (mt) petrol in August, which is 13.6% more than a year ago. This is 4.1% higher than petrol sales of 2.33 million tonnes in August 2019 during pre-covid. The most used fuel in the country, diesel sales increased by 15.9% to 4.94 mt during August 2021 over the previous year but was down 9.8% from August 2019. During August, the diesel sale was 9.3% lower than the previous month, primarily because of lower mobility due to the monsoon. Consumption of Diesel was 8% lower in the first half of August than pre-covid levels. The fuel demand had almost recovered in March before the outbreak of the second wave of Covid-19 infections, which led to the reimposition of lockdown in different states, muting economic activity and stalling mobility. IOCL Chairman S M Vaidya told the media on July 30 that the petrol consumption has increased over pre-Covid levels as people prefer personal transport over public transport. He said that ATF consumption would most probably return to normal by the end of the current fiscal year in March. It has witnessed the most severe fall as air travel was restricted beginning March 2020. LPG fuel consumption, which is the only fuel that showed growth even during the first lockdown because of free supplies the government provided to the poor, increased by 1.85% every year to 2.32 mt in August. It was 2.4% lower than August 2019. Image Source

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000