Jet fuel consumption expanded by 9% while cooking gas sales increased by 11% in July.
The sales growth in petrol and diesel was significantly higher in July than in the first quarter of the current fiscal year when the demand for petrol grew by 7.1% and diesel by 1.6%. Jet fuel sales increased by 11.4% and cooking gas by 5% in the first quarter.
Petrol consumption growth was driven by robust car and bike sales and increased mobility with the end of summer holidays and the reopening of schools.
Diesel, which accounts for 40% of the country's total refined petroleum products consumption, is extensively used in long-haul transport, mining and farming. Its increased consumption is an indicator of higher economic activity.
Jet fuel demand rose in July on increased air traffic. Expanding customer base has fuelled cooking gas consumption.
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