India’s November oil consumption rises nearly 5 percent

New Delhi, Dec 29 (IANS) India’s fuel consumption has risen by 4.9 percent in November buoyed by rising diesel sales, official data showed at a time when international crude oil rates have plunged to a five-year low.

Fuel consumption in November was at 13.9 million tonnes, up from 13.3 million tonnes in the same period a year ago, according to latest figures from the petroleum ministry.
Diesel sales rose three percent to 6.002 million tonnes, after a fall in consumption in the previous two months.
The most sought after fuel at 43 percent of all petroleum products consumed in India, diesel saw sales rise by one percent in April-November to 45.8 million tonnes.
Petrol consumption grew by 3.6 percent to 1.5 million tonnes in November, and by 9.5 per cent in April-November to 12.5 million tonnes.
LPG, or cooking gas, consumption rose 14.5 percent to 1.57 million tonnes in November and by 10.4 per cent to 11.6 million tonnes in first eight months of current fiscal that began in April.
India’s international basket cruded oil price on the last trading day Friday was $57.91 per barrel.