India's Fuel Demand Dips 2.6% Year-On-Year in August as Diesel Demand Falls
Friday, 6 September 2024, 08:34
Impact of Monsoon on Fuel Demand
India's fuel demand has dipped 2.6% year-on-year in August, primarily affected by a notable decrease in diesel consumption. Diesel demand faced pressure due to above-normal monsoon rains, which disrupted transportation and agricultural activities.
Sector Breakdown
- Petrol consumption remained stable, showing resilience.
- Diesel, critical for transportation and industry, saw a sharper decline.
Future Outlook
With changing weather patterns, analyzing fuel demand trends will be essential for stakeholders. Continuous monitoring will provide insight into how environmental factors shape fuel consumption in India.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.