High flight of petrol, slow diesel move, new trend of fuel sales in May

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Photo: Pixabay The demand for diesel saw only 2 percent increase in the financial year ended March 31, 2025.

The rising heat has also boiled in petrol consumption. Petrol consumption bounced for the second consecutive month in May, as travel during the summer season increased demand. However, diesel sales remained sluggish during this period. According to PTI news, this information has been received from provisional data of the industry. According to this, petrol consumption in May rose by 8.77 percent to 3.76 million tonnes, compared to 3.46 million tonnes a year ago. In May 2023, its demand was 12.45 percent higher than consumption of 3.35 million tonnes.

Diesel sales stood at 8.57 million tonnes

According to the news, according to the data, diesel sales increased by 2 percent to 8.57 million tonnes. The most commonly used fuel consumption in India has risen since last month. The demand for lifeline diesel of transport and rural agricultural economy saw only 2 percent increase in the financial year ended March 31, 2025. Diesel consumption in April rose by about 4 percent to 8.23 ​​million tonnes. During May, diesel sales were 2 percent higher than consumption of 8.41 million tonnes in the same period last year. This was 4.3 percent higher than in May 2023.

AC demands fast as heat increases

It has been observed that with the onset of summer, the demand for irrigation in rural areas and air conditioner (AC) in urban areas intensifies. Industry officials said that there has been a decrease in sales of diesel in the last few months, causing speculation about its future. This increase has occurred a year ago due to an increase in consumption for election campaign a year ago. Jet fuel (ATF) consumption increased by 4.3 percent in May this year and increased to 775,000 tonnes. ATF sales were 15.65 percent higher than the consumption of May 2023.

According to the data, Ujjwala connections continued to increase by 2.79 million tonnes in May with a 13.4 percent increase in sales in LPG. Fuel consumption from 2019 has increased by 37 percent compound annual growth rate (CAGR). LPG sales were 14.4 percent higher than consumption of 2.44 million tonnes of May 2023.

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