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Indian Fuel Sales Slipping in Monsoon Season

OIL PRODUCTS

Indian state fuel retailers' gasoil and gasoline sales during July 1-16 declined from the same period in the previous month according to preliminary data.

  • Sales of gasoil fell by 19.7% to about 2.96 million metric tons in July compared with June.
  • State fuel retailers' daily gasoline sales were down by 10.8% month-on-month in July at around 1.26 million metric tons.
  • Fuel sales typically fall during the four-month monsoon season.

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