INSUBCONTINENT EXCLUSIVE:
Leading three oil companies offered 2.47 million tonnes of gas last monthState merchants' gas and gasoil sales in March rose by 27.4 percent
and 28.6 per cent, respectively, from the low base of in 2015 when a nationwide lockdown to stem the spread of the coronavirus hit intake,
preliminary industry information showed
State business - Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum - own about 90% of India's retail fuel outlets.The three
companies offered 2.47 million tonnes of gasoline last month, the information assembled by three state sellers showed
Diesel consumption, a sign of financial development, which accounts for about 40 per cent of general refined fuel sales in India, totalled
6.41 million tonnes in March, the data showed
India enforced a strict across the country lockdown from March 24 in 2015, leading to a deep cut in fuel usage
Sales of petrol and diesel are back to near pre-COVID levels as market activity and travel has actually gotten, an official at one of the
state refiners stated on condition of privacy
State sellers' sales of melted petroleum gas, or cooking gas, last month decreased 1.2 percent to 2.26 million tonnes as the federal
government reduced an aid for the fuel, the information showed
Jet fuel sales decreased by 4.4% to 437,000 tonnes(Other than for the heading, this story has not been modified by TheIndianSubcontinent
personnel and is published from a syndicated feed.)
