New Delhi: August Diesel Sales India recorded the sharpest monthly downfall since May when the rainy season hit the demands of the agriculture, truck and construction sectors, but gasoline consumption continued to grow when people chose private vehicles after covid restrictions were revoked.
Industry executives play a decrease in diesel sales, describe it as a seasonal phenomenon and emitting trust requests will return to pre-covid levels in a quarter due to whole fundamentals.
In accordance with the estimate, market data showed August diesel sales were 16% more than the same month in 2020, but 9.7% dropped from pre-pandemic 2019, general resistance levels indicated by the best-selling fuels.
Further data showed an uptrend trend for gasoline sales, which shot past the August 2019 level with almost 5%, and posted a growth of 2.5% in July.
Jet fuel sales rose 20% from July with countries relieving the sidewalks on flights.
However, sales, sales of 45% lower than August 2019.
On a monthly basis, the sale of August Jet fuel is 42% more than July.
Liquid oil gas sales also fell slightly: 1.7% lower than July and 2.4% less than August 2019.
However, it was seen in a low base of 2020, sales of 1.8% more.
“Monsun affects activities throughout the country.
Floods in the parts disrupt the movement of delivery and fuel consumption in general.
Construction activity also broke up or slowed as well as other infrastructure projects.
Good rain avoid the need to run a diesel pump for irrigation, reducing demand from the sector Agriculture.
Consumption began to take from September-end-October as soon as it rained, “said an executive at the government-managed fuel retailer.
The latest sharp diesel sales post fell because of rain hit demands
