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Indian Oil Product Consumption at Record High March

OIL PRODUCTS

India: oil product consumption +5.0% y/y to record 20.495 million tons in March23, +4.8% vs March19 according to PPAC data.

  • vs Mar22 and Mar19
  • Diesel at 7.795mt,+1.2%;+4.5%
  • Gasoline at 3.107mt,+6.8%;+20.5%
  • LPG at 2.406mt,-2.7%;+6.4%
  • Petcoke at 1.427mt,+3.9%;-33.9%
  • Naphtha at 1.148mt,+1.5%;-4.1%


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