India’s gasoline consumption rose by 9.3% in October to 19.2 million tons

India’s gasoline consumption, an indicator of oil demand, rose 3.4 per cent year-on-year in October, information launched by the Petroleum Planning and Evaluation Cell (PPAC) confirmed. On a sequential foundation, consumption elevated by 5.4 %.

Gasoline consumption reached 19.2 million tons in October, in comparison with 18.2 million tons in the identical month final 12 months. Gross sales of diesel, essentially the most extensively used gasoline within the nation, rose 9.3 % to 7.63 metric tons in October. Gross sales reached an all-time excessive of 8.21 metric tons in Could.

Gasoline gross sales additionally reached a 4-month excessive, rising 5.1 % to three.14 million tons in October. Gross sales reached 2.99 metric tons in the identical month final 12 months.