Business

Sales of bitumen, used for making roads, were 3.1 percent up in August 2021The country's fueldemandrose10.9percent inAugustcompared with the same month last year.Consumption offuel, a proxy for oildemand, totalled 16.00 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.Sales of gasoline, or petrol, were 13.0 percent higher from a year earlier at 2.69 million tonnes.Cooking gas or liquefied petroleum gas (LPG) sales increased 2.4 percent to 2.33 million tonnes, while naphtha sales fell 5.1 percent to 1.02 million tonnes.Sales of bitumen, used for making roads, were 3.1 percent up, whilefueloil use edged up 8.0 percent inAugust.(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)





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