Diesel sales dipped in July from a year ago as widespread rains and flooding in many parts of the country disrupted mobility and farm activity but petrol consumption grew on people’s continued preference for personal vehicles. Preliminary industry data shows diesel demand in July falling 4.3% and petrol consumption growing 3.8% from the year-ago period. Sequentially, however, demand for both fuels recorded a drop, with diesel sales sliding steeply by 13.7% and petrol 4.6% from July.
Monsoon batter diesel sales, petrol scrapes through in July
Diesel sales dipped in July from a year ago as widespread rains and flooding in many parts of the country disrupted mobility and farm activity but petrol consumption grew on people’s continued preference for personal vehicles. Preliminary industry data shows diesel demand in July falling 4.3% and petrol consumption growing 3.8% from the year-ago period. Sequentially, however, demand for both fuels recorded a drop, with diesel sales sliding steeply by 13.7% and petrol 4.6% from July.