India state retailers’ gasoil, gasoline sales flat in June versus May
Roydad Naft News Agency – Indian state fuel retailers’ gasoil and gasoline sales in June were little changed from the previous month, preliminary data showed, as people avoided travel as a heat wave in May gave way to monsoon rains.
Daily sales of gasoil rose marginally by 0.4% to 7.12 million metric tonnes in June compared with May, the data showed.
Fuel demand in India, the world’s third biggest oil importer and consumer, typically falls during the four-month monsoon season beginning in June as parts of the country are hit by heavy floods.
Monsoon rains also reduce demand from the agriculture sector as less irrigation-related requirements decrease.
Gasoil accounts for about two-fifths of India’s overall refined fuel consumption and is directly linked to industrial activity in Asia’s third-largest economy.
State fuel retailers’ daily gasoline sales remained flat at nearly 2.90 million tonnes, the data showed.
State-run retailers and refiners – Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum – own about 90% of India’s retail fuel outlets.
Below is a table of Indian state refiners’ preliminary daily fuel sales data with volumes in thousand tonnes.
| Refined fuels | June 2023 | %Chg mth/mth | %Chg yr/yr | %Chg vs 2021 |
| Gasoline | 2897.2 | 0.0 | 3.4 | 33.5 |
| Gasoil | 7121.6 | 0.4 | -3.7 | 30.3 |
| Jet Fuel | 587.3 | -2.4 | 6.0 | 140.3 |
| Liquefied Petroleum Gas | 2279.9 | -3.4 | -0.8 | -0.2 |
