Indian state retailers’ sales of gasoline fell in the first half of June from the same period last month as well as a year earlier, preliminary sales data showed, as a heat wave curtailed mobility.
Sales of gasoline, used in passenger vehicles and two-wheelers, fell 3.8% to 1.31 million tonnes in the first half of June from the same period a month ago, the data showed.
However, sales of gasoil, mainly used by trucks, rose 3.4% to 3.43 million tonnes, according to the data.
Gasoil accounts for about two-fifths of refined fuel consumption in India and is directly linked to industrial activity.
State-run companies – Indian Oil Corp IOC.NS, Hindustan Petroleum Corp HPCL.NS and Bharat Petroleum BPCL.NS – own about 90% of India’s retail fuel outlets.
Tags: Gasoline, India, Mobility, Sales
Recent Posts
Wärtsilä to Power USA’s First All-Electric High-Speed Ferries in San Francisco Bay
ABS and Pusan National University Chart a Course for Liquid Hydrogen Shipping
RIC Energy and Siemens Partner to Advance Green Hydrogen and E-Fuels Projects in Spain
Moeve to Supply 40,000 Tons of 2G Marine Biofuel to Grupo Armas Trasmediterránea in Canary Islands
Smart Green Shipping Completes Successful Sea Trials of Wind-Assisted Propulsion System
CMA CGM Unveils Vietnam’s First Fully Electric River Barge in Collaboration with NIKE
Vietnam and France Join Forces to Explore Green Hydrogen for Remote Islands
Port of Rotterdam Tests Electric Hydrofoil Vessel in Push for Sustainable Operations