Fuel Sales

Record fuel prices hit petrol, diesel demand in September for first time in 10 months

A sharp fall in the value of the rupee and soaring oil prices led to record high pump prices of diesel and petrol,

Fuel consumption surges to 10.7% in 2016; highest in 16 years

Consumption of fuels, a proxy for oil demand, surged 10.7 percent to 196.48 million tonnes in 2016, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed.