India's Fuel Demand Falls 6.1% In August

India's fuel demand fell 6.1 per cent in August compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 15.75 million tonnes in August, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Tuesday.

Sales of gasoline, or petrol, were 0.8 per cent lower from a year earlier at 2.19 million tonnes.

Cooking gas or liquefied petroleum gas (LPG) sales increased 11.8 percent to 2.06 million tonnes. Naphtha sales fell 7.6 per cent to 1.06 million tonnes.

Sales of bitumen, used for making roads, were up 8.5 per cent. Fuel oil use fell 6.9 per cent.

(Reuters)