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Petrol sales shake off monsoon...

NEW DELHI: India consumed 3% less...

Diesel sales fade amid strict...

NEW DELHI: Road transport and highways...

Petrol sales shake off monsoon blues in September but diesel still underwater

NEW DELHI: India consumed 3% less diesel in September than a year ago as the fading monsoon strains in several parts of the country dampened demand but the pace of growth in petrol sales gathered steam at 5.4% on record car sales, preliminary industry data shows.Sequentially, however, diesel sales posted a growth of 2.5% and petrol 5.6% over August, indicating the positive underpinnings needed for demand to rebound.Diesel sales, a key indicator of economic activities, have been in the slow lane since the onset of the monsoon in...

Petrol sales shake...

NEW DELHI: India consumed 3% less diesel in September than a year ago as the fading monsoon strains in several parts of the...

Diesel sales fade...

NEW DELHI: Road transport and highways minister Nitin Gadkari may be making a case to tax diesel cars more as he pitches relatively...

India’s August fuel...

India's fuel consumption, a proxy for oil demand, rose by 6.5% year-on-year in August to about 18.57 million tons, data from the Petroleum...

Oil nears $90...

NEW DELHI: Oil prices hit a 10-month high of nearly $90 per barrel as Saudi Arabia and Russia extended their voluntary production and...

Diesel share of...

For the first time in history, the diesel percentage of passenger vehicles (PVs) has slipped below 17 per cent (16.7) in August —a significant...

Rain battered petrol,...

NEW DELHI: Diesel sales continued to dip in August from a year ago as heavy rains and flooding in many parts of the...

“India’s Petrol and...

After scaling a historic high in May 2023, India’s petrol and diesel consumption declined in June and July as rains restricted the mobility...