CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI BRIEF: Foreign Firms Content In China

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Indian Fuel Consumption Dips First Half of July

OIL PRODUCTS

Indian diesel and gasoline sales have drifted lower in the first half of July versus the first half of June according to preliminary data.

  • Diesel saw consumption drop 13.7% during July 1-15 to 3.16 million tonnes from 3.67 million tonnes of demand in the same period of the previous month.
  • Gasoline sales fell 7.8% to 1.27 million tonnes in the first half of July when compared to 1.38 million tonnes of consumption in the same period of June.
  • Jet fuel demand fell 6.7% to 247,800 tonnes July 1 to 15 compared to the same period in June.
  • Cooking gas LPG sales in the first half of July were up 8.3% to 1.24 million tonnes versus the same period in June.
  • Indian oil retailers have cited monsoon rains as the main reason fuel sales have dipped this month as flood waters limit personal mobility.
BulletEnergy BulletsHomepageCommodities
BulletEnergy BulletsHomepageCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.