Petrol Diesel Sales: The country is coming out of the second wave of Corona. Once there is movement in the market, manufacturing activity in industries is accelerating again. Slowly, but economic activity has recovered. It can also be measured with the use of petrol and diesel. For the first time in the last 17 months, petrol use has reached pre-Kovid levels. At the same time, diesel is down 11% compared to 2019.
Consumption increased in July
In addition, compared to last year, in July, petrol was sold 17% more and diesel 12% more. At the same time, petrol consumption increased by 9% over June. However, diesel is down 1% compared to the previous month. Indian Oil Chairman Srikanth Madhav Waid estimates that diesel consumption may take as long as Diwali to reach the first stage of the epidemic. At the same time, jet fuel is more time consuming.
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Once again, airlines are starting to slow down across the country. We also see the effect of this on jet fuel consumption. Compared to 2019, jet fuel consumption has reached 53%. This is 21% higher than July and 29.5% higher than last year. Let us tell you that LPG consumption in the country increased by 4 percent compared to June. At the same time, it is 7.5 more compared to July 2019.
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