Fuel Demand | The Asian Age

Tuesday, Apr 23, 2024 | Last Update : 10:59 PM IST

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India’s fuel demand rose by nearly 50% in May from the previous month as the country eased coronavirus-led restrictions. (PTI Photo)

Fuel demand jumps nearly 50% in May as lockdown restrictions ease

Petrol and diesel sales in May, however, increased by 81.8% and 69.1% respectively from April

11 Jun 2020 11:14 AM

Iranian fuel reaches Venezuelan stations as prices set to rise

Washington has warned governments, seaports, shipping firms and insurers that they could face sanctions if they aid the Iranian supply

31 May 2020 9:13 AM

India's crude oil imports fall, product exports surge in April

Oil product imports dropped 6.5% to 3.35 million tonnes, their first year-on-year decline in 16 months

23 May 2020 9:22 AM

India’s fuel demand dipped 45.8% in April. (PTI Photo)

India's fuel demand crashes nearly 50% in April

The country’s fuel demand is set to recover with easing restrictions on industrial activity and transport in areas

10 May 2020 3:22 PM

Oil prices rose on Thursday after U.S. inventories swelled less than expected. (AFP Photo)

Oil gains as US inventories grow less than feared

While prices have risen sharply since April as some countries started easing lockdowns put in place to combat worst pandemic in a century

07 May 2020 9:20 AM

India stockpiles low-cost oil, fills 32 million tonnes of commercial storage. (AFP Photo)

India takes advantage of low oil prices, stockpiles 32 million tonnes

India, the world’s third biggest oil importer, buys over 80% of its oil needs from overseas markets

05 May 2020 11:00 AM

Petrol sales down 61%, diesel 56.5% in April. (PTI Photo)

Petrol and diesel sales shrink in April; demand expected to pick up this month

The demand is expected to further pick up as more areas were opened up on Monday

04 May 2020 4:11 PM

(File) OPEC Conference President Saudi Arabia's Energy Minister Khaled al-Falih (2ndR), OPEC Secretary General Mohammed Barkindo (R) and Angola's Governor for OPEC and Chairman of the Board of Governors Estevao Pedro (2nd L) the 173rd OPEC Conference of Organization of the Petroleum Exporting Countries (OPEC) in Vienna. (AFP Photo))

OPEC, Russia agree to oil output cuts; Mexico rejects global plan

The planned output curbs by OPEC+ amount to 8 million barrels per day

10 Apr 2020 9:09 AM

Indian Oil Corp’s Gujarat oil refinery will be ready to produce 700,000 tonnes per year of low-sulphur marine fuel starting in October, the company’s Director for Refineries SM Vaidya said on Tuesday.

India's fuel demand to rise by average 4.7 pc through 2025: Nayara Energy

India’s gasoil demand will rise by an average 5.3 pc per year through the 2025 fiscal year, said Nayara Energy's B Anand.

10 Sep 2019 12:58 PM

India's fuel demand rose 7.3 per cent in July, driven by sharp rise in petrol and diesel consumption.

India's fuel demand jumps 7.3 per cent in July

Rates have since gone up marginally. Petrol costs Rs 77.23 a litre and diesel Rs 68.77.

13 Aug 2018 4:54 PM

India's fuel demand jumped 8.6 per cent in June as falling rates led to rise in consumption.

India's fuel demand jumps 8.6 per cent in June

Fuel consumption in June totalled 17.99 million tonne as compared to 16.56 MT in the same month last year.

12 Jul 2018 7:00 PM

India's fuel demand rose 4.4 per cent in April on the back of a surge in auto fuel and cooking gas (LPG) consumption. (Photo: PTI)

India's fuel demand up 4.4 per cent in April

The rise was led by a 9.2 per cent surge in petrol sales at 2.28 million tonnes.

14 May 2018 3:54 PM

The booming aviation market has also pushed up the profit margins.

Asian jet fuel buyers paying the highest premiums to get supply since 2008

The Asia Pacific region makes up over one-third of the global air passenger market.

07 May 2018 1:39 PM

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Aakar Patel