India's Fuel Consumption Rises 2.6% in June with ATF, Petrol Surge

25 Jul 2024 CW Team

In June, India experienced a 2.6% increase in fuel consumption compared to the previous year, primarily driven by a rise in aviation turbine fuel (ATF) and petrol usage. This growth reflects the country?s ongoing economic recovery and increased travel activities.

Aviation turbine fuel saw a significant uptick as air travel continues to rebound, with more flights operating domestically and internationally. This surge in ATF demand highlights the aviation sector's recovery from the pandemic-induced downturn.

Petrol consumption also rose, fueled by the easing of travel restrictions and a boost in personal mobility. As people returned to offices and resumed regular activities, the demand for petrol experienced a steady climb.

However, diesel consumption remained relatively stable, with only a slight increase. Diesel, being a key indicator of economic activity, reflects the ongoing industrial and agricultural processes in the country.

The overall growth in fuel consumption is a positive sign for the Indian economy, indicating increased mobility and economic activities. This trend is expected to continue as the country further stabilizes post-pandemic.

Industry experts note that the rising fuel demand aligns with global trends, as economies worldwide recover and travel picks up. This growth also underscores the importance of managing energy resources efficiently to meet the increasing demands sustainably.

The government's focus on infrastructure development and policy support for the energy sector is expected to play a crucial role in maintaining this upward trajectory in fuel consumption.

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