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India's January fuel demand drops to 3-month low

India's January fuel consumption hit its lowest monthly level since October, but was up 3.2% year-on-year at 20.49 MM tonnes, oil ministry data showed on Friday.

India is the world's third-largest consumer and importer of oil. The data is a proxy for the country's oil demand.

On a monthly basis, January fuel demand was its lowest since October, down more than 1% from 20.73 MMt in December, the Petroleum Planning and Analysis Cell's (PPAC) website shows.

Sales of gasoline, or petrol, eased 0.3% compared to last month at 3.3 MMt.

Diesel consumption fell nearly 4% month-on-month to 7.7 MMt in January. It was up 4.3% year-on-year.

Cooking gas or liquefied petroleum gas (LPG) sales increased 5.2% on an annual basis to 2.84 MMt, while naphtha sales fell 12.2% compared with last year to 1.15 MMt.

On a monthly basis, LPG and naphtha sales rose 2.16% and 7.48% respectively.

DOMESTIC SALES (in million tons):

 

2025

2024

2024

2024

2023

2023

 

JAN

DEC

NOV

JAN

DEC

NOV

Diesel

7.74

8.06

8.17

7.42

7.60

7.53

Petrol

3.31

3.32

3.43

3.10

2.99

3.13

LPG

2.84

2.78

2.67

2.70

2.63

2.49

Naphtha

1.15

1.07

1.10

1.31

1.39

1.05

Jet fuel

0.78

0.78

0.75

0.72

0.72

0.69

Kerosene

0.04

0.04

0.04

0.04

0.04

0.05

Fuel Oil

0.55

0.57

0.50

0.56

0.57

0.51

Bitumen

0.77

0.79

0.71

0.75

0.74

0.62

TOTAL

20.49

20.73

20.66

19.86

20.25

18.68

 

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