India’s fuel demand at 11-month high in December 2020; retail pices in January 2021 touching sky high

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India’s fuel demand rose for the fourth straight month in December 2020, but it was about 2 per cent lower than pre-COVID levels. The total demand for petroleum products in December 2020 fell to 18.59 million tonnes from 18.94 million tonnes a year back, according to provisional data published by the oil ministry’s Petroleum Planning […]

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GAIL finds increase in gas sales to pre-COVID-19 levels by end of this quarter

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State-owned gas utility GAIL India Ltd sees its gas demand returning to pre-COVID-19 levels by the end of the current quarter as the expansion of the city gas network will offset shrinking consumption. its Director (Marketing) E S Ranganathan said in an online forum. GAIL, the country’s largest natural gas marketing and transporting company, sold about 113 […]

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India hikes prices of aviation fuel, LPG

Aviation turbine fuel (ATF) price was hiked by a steep Rs 12,126.75 per kilolitre (kl), or 56.5 per cent, to Rs 33,575.37 per kl in the national capital, according to a price notification by state-owned oil marketing companies. Non-subsidised cooking gas LPG was also raised by Rs 11.5 per cylinder on the back of firming […]

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Aviation Turbine Fuel sales dive by 94% in April; Fuel sales slump 50%

India’s Aviation turbine fuel (ATF) consumption collapsed by 94 per cent in April 2020 as most airlines have stopped flying. Fuel consumption slumped by a record 50 per cent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel. According to provisional industry data […]

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