India's January Gasoil Sales Down 2.3% Year-On-Year, Gasoline Up 5.9%

Indian state retailers' local sales of gasoil in January declined by 2.3% from a year earlier to 6.04 million tonnes, preliminary sales data compiled by state refiners showed Tuesday.

Gasoline sales by the three state fuel retailers rose by 5.9% to 2.36 million tonnes last month, the data showed.

State companies Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum own about 90% of India's retail fuel outlets.

(Reuters)