Diesel sales rise above pre-COVID levels in October

Photo: PTI

Diesel sales cross pre-Covid levels in October

New Delhi. Diesel sales in India crossed pre-Covid levels in October. This is only the second time since the pandemic began. This is because of the increase in fuel demand with industrial activity picking up ahead of the festive season. According to preliminary sales data, diesel sales of public sector companies stood at 5.86 million tonnes in October, up 1.3 per cent over the same month in 2019. Earlier in October 2020 also, diesel sales had reached pre-pandemic levels. However, October 2021 sales are down by 5.08 per cent as compared to the same month last year.

Diesel accounts for 40 percent of the total consumption of petroleum products in India. As per the data, petrol sales stood at 2.48 million tonnes in October 2021, a growth of nearly four per cent over a year ago. Petrol consumption reached pre-pandemic levels earlier this year. Fuel demand had almost returned to normal levels in March before the start of the second wave of COVID-19 infections. However, demand for aircraft fuel ATF continues to decline. ATF sales in October stood at 4,34,600 tonnes, down 34 per cent from pre-pandemic 2019 levels. LPG sales also increased by 6 per cent to 2.5 million tonnes in October.

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