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OIL PRODUCTS: India Diesel and Gaosline Sales Fall in July

OIL PRODUCTS

India’s diesel and gasoline sales fell month on month in July, data from state-run Indian Oil and Bharat Petroleum and Hindustan Petroleum showed cited by Bloomberg

  • Indian diesel sales in July fell by 9.4% on the month to 6.385m tons but were 3.4% higher on the year.
  • Gasoline sales fell by 0.2% on the month to 2.998m tons but were up 9.5% year on year.
  • Jet fuel sales rose by 0.7% m/m to 636k tons but were up 4.8% on the year.
  • LPG sales were however up 14.1 m/m to 2.735m tons and up 11.1% on the year.

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