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Latest News on Fuel Demand
Showing of 0 - 10 from 9 results
Fuel Demand - Total results - 9
Nov 19, 2019
OPEC's share of Indian oil imports in October hits lowest since 2011; country's crude shipment from US hits recordOPEC oil output dipped to an eight-year low in September after attacks on Saudi oil plants led to production cuts, a Reuters survey showed.
Sep 11, 2019
India's fuel demand growth slows to nine-month low of 2.8% in August, reveals oil ministry dataIndia’s fuel demand rose 2.8 percent in August compared with the same month last year, but were at their lowest level in nine months
Mar 05, 2019
Oil prices fall as China trims 2019 economic growth target; OPEC-led efforts to cut output offer supportThe US West Texas Intermediate (WTI) crude oil futures were at $56.28 per barrel at 0426 GMT, down 31 cents, or 0.6 percent, from their last settlement.
Jan 15, 2019
Petrol, diesel prices rise for sixth straight day on weak rupee, rising crude; economic slowdown dims fuel demand outlookFollowing the price revision on Tuesday, petrol was sold in Delhi at Rs 70.41 per litre, Mumbai Rs 76.05, Chennai Rs 72.52 and Kolkata Rs 73.08 a litre, according to data available on Indian Oil Corporation website.
Aug 13, 2018
India's fuel demand jumps 7.3% in July, driven by sharp rise in petrol and diesel consumptionDuring July, petrol sales were up 7.8 percent at 2.3 million tonnes while diesel consumption was up 4.8 percent to 6.6 million tonnes.
Jun 11, 2018
India's fuel demand rose a meagre 3.8% in May as frequent price hikes dented petrol, diesel consumptionThe primary reason for this small growth was the increase in retail selling price after state-owned oil firms lifted pre-Karnataka poll hiatus to resume daily price revisions from 14 May
May 14, 2018
India's fuel demand up 4.4% in April on surge in petrol, diesel, cooking gas consumptionFuel demand rise was led by a 9.2 percent surge in petrol sales at 2.28 million tonnes. Diesel, which makes up for roughly 40 percent of all the petroleum product consumed in the country, posted a 2.6 percent growth in consumption at 7.15 million tonnes
Oct 21, 2017
Oil imports at record 4.83 million bpd, 4.2% more than previous year due to maintenance turnaroundDuring the first nine months of the year India’s oil imports rose 1.8 percent to about 4.4 million bpd, with most supplies coming from the Middle East, followed by Africa and Latin America.
Sep 17, 2016
India's new motorcycle owners drive gasoline boom, number of registered vehicles double every 7 yearsVehicle ownership rates in India remain far below the level in advanced economies as well as other middle-income developing countries, according to the Ministry of Road Transport and Highways.