Economic news 3:30 p.m. 2024-01-08
The Indian Ministry of Energy revealed that India’s fuel consumption in December 2023 is at the level of 20.054 million tons, an increase of 6.2% from the level of 18.89 million tons in November. The amount of fuel consumption in December was the highest level in 7 months.
If compared with the level of December 2022, India’s fuel consumption in December 2023 increased by approximately 2.6%.
diesel fuel sales Gasoline, which is mostly used in trucks and commercial passenger vehicles, rose 0.9% month-on-month in December to 7.60 million tonnes, while gasoline sales in December fell 4.5% to 2.99. million tons
Information from the Indian Automobile Manufacturers Association indicates that Sales of multi-purpose vehicles increased in December. Meanwhile, sales of small cars decreased. Even car companies offer discounts to consumers.
Sales of bitumen, or bitumen, used to make roads, increased 12.9%, while fuel use increased 9.6% in December.
In addition, sales of cooking gas or liquefied petroleum gas, increased 5.6% to reach 2.63 million tons, while naphtha sales increased 27.9% to reach 1.33 million tons.
By InfoQuest News Agency (08 Jan. ’24)
Tags: Ministry of Energy, India, Fuel
#Fuel #demand #India #December #surges #highest #months #InfoQuest
2024-01-08 08:46:26
