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Function: DB
Petrol sales top pre-virus level for first time in 17 months, diesel 11% short
Petrol sales top pre-virus level for first time in 17 months, diesel 11% short
India's petrol consumption topped the pre-virus level for the first time in 17 months and diesel sales, a key indicator for economic activities, stood just 11% short of the pandemic year in July as the country got back to business after a second Covid wave. Market data for the month shows state-run fuel retailers, who control 90% of the market, sold 3.5% more petrol than the same period of 2019. Diesel consumption also rose to 89% of the pre-pandemic level.
India's petrol consumption topped the pre-virus level for the first time in 17 months and diesel sales, a key indicator for economic activities, stood just 11% short of the pandemic year in July as the country got back to business after a second Covid wave. Market data for the month shows state-run fuel retailers, who control 90% of the market, sold 3.5% more petrol than the same period of 2019. Diesel consumption also rose to 89% of the pre-pandemic level.