There was a good jump in the sale of petrol and diesel in the country, demand increased as the festive season approached

The month of September has seen a good jump in the sales of petrol and diesel in India as economic activities pick up and demand picks up with the festive season approaching.

There has been a good jump in the sales of petrol and diesel in India.

The month of September has seen a good jump in the sales of petrol and diesel in India as economic activities pick up and demand picks up with the festive season approaching. According to the opening data of the petroleum industry, the sale of petrol has increased by 13.2 percent to 2.65 million tonnes in September. Whereas, it was 23.4 lakh tonnes in the same period a year ago. At the same time, petrol sales have been 20.7 percent higher than in September 2020, badly affected by the Kovid epidemic.

Slight decline compared to August

However, petrol sales declined by 1.9 per cent in September as compared to August 2022. The sales of diesel, the most widely used fuel in the country, registered a high growth of 22.6 per cent during September 2022. A total of 59.9 lakh tonnes of diesel has been sold last month. At the same time, diesel sales have been 23.7 percent higher than the Kovid-affected September 2020. The demand for diesel has seen a growth of 1.3 per cent in the last month as compared to August. In August, it had fallen by five per cent compared to July.

Industry sources said the end of the monsoon season in most parts of the country and pick-up in agricultural activities supported the demand for diesel. Apart from this, with the festive season approaching, economic activities have picked up, which has increased the demand for fuel. Earlier in the months of July and August, demand remained subdued due to active monsoon and sales of petrol and diesel registered a decline.

Jet fuel demand also increased

With the pick-up in air transport activities, the demand for aviation fuel (ATF) has also jumped 41.7 per cent to 5.4.4 million tonnes in September from a year ago. This growth has been 81.3 percent as compared to September 2020. Similarly, the sale of LPG, which is used as cooking gas, has also increased by 5.4 per cent to 24.8 lakh tonnes last month. LPG sales have increased by 9.3 percent as compared to September 2020.

Let us tell you that today the price of petrol in the capital Delhi is Rs 96.72 per liter. The price of one liter of petrol in the financial capital Mumbai is Rs 106.35, in Kolkata Rs 106.03 and in Chennai Rs 102.63.

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