India's fuel product sales dip 17.8% in March 2020

India's fuel product consumption or sales dipped 17.8% to 16.08 mt in March 2020 over a year ago in the backdrop of nation-wide lockdown from 22 March 2020. Diesel sales plunged 24.2% to 5.65 mt, petcoke 22.2% to 1.68 mt, petrol 16.4% to 2.16 mt, bitumen 41.0% to 0.53 mt and ATF 32.4% to 0.48 mt. Further, the consumption of lubes/greases also declined 34.9% to 0.30 mt, kerosene 47.9% to 0.15 mt and fuel oil 10.3% to 0.48 mt and others 5.7% to 0.92 mt. However, the consumption of naphtha improved 15.7% to 1.39 mt, LPG 1.9% to 2.31 mt and light diesel oil (LDO) 5.2% to 0.05 mt in March 2020.

Consumption or sales of fuel products rose 0.2% to 213.69 mt in April-March 2020 over April-March 2019. Sales of petrol increased 6.0% to 29.98 mt, LPG 5.9% to 26.37 mt and petcoke 1.5% to 21.66 mt. Further, the consumption of naphtha also rose 2.2% to 14.44 mt and LDO 5.0% to 0.63 mt. However, the consumption of kerosene declined 30.7% to 2.40 mt, diesel 1.1% to 82.58 mt, fuel oil 7.1% to 6.09 mt, bitumen 4.9% to 6.38 mt, ATF 3.6% to 8.00 mt, others 1.6% to 11.53 mt and lubes/greases 0.8% to 3.64 mt in April-March 2020.