India's Diesel Sales Down 5.2% So Far This Month, Petrol Up 9.5%

INSUBCONTINENT EXCLUSIVE:
first half of December year-on-year, preliminary data from state-run fuel retailers showed on Wednesday, signalling that industrial growth
in Asia's third-largest economy has not yet reached pre-COVID-19 levels
India, fell to 2.8 million tonnes in the first half of the month
Growth in India's services and manufacturing industries lost some momentum last month as coronavirus fears weighed on demand and output,
Local diesel sales by state-run refiners have been falling since March, when coronavirus-related restrictions had hit industrial activity
and mobility
However, annual demand for diesel saw a temporary rise in October ahead of the festival season.State fuel retailers -- Indian Oil Corp,
Hindustan Petroleum Corp and Bharat Petroleum -- own about 90% of the country's retail fuel outlets
million tonnes during Dec
1-15.