+
Petrol Consumption Rises 9.2% in November While Diesel up 8.4%
OIL & GAS

Petrol Consumption Rises 9.2% in November While Diesel up 8.4%

India’s fuel consumption saw a robust increase in November 2024, with petrol sales rising by 9.2 per cent year-on-year to 3,418 thousand metric tonne (TMT), as per provisional data from the Petroleum Planning & Analysis Cell (PPAC). Diesel, the country’s most widely consumed fuel, also showed significant growth, climbing 8.4 per cent to 8,158 TMT.

The aviation turbine fuel (ATF) segment demonstrated a strong recovery, with consumption up by 7.7 per cent to 743 TMT, reflecting the on-going recovery of air travel. Liquefied petroleum gas (LPG), a common household fuel, saw a 7.3 per cent increase in demand, reaching 2,765 TMT, indicating steady usage in both residential and industrial sectors.

Compared to November 2023, all key petroleum products experienced year-on-year growth. Petrol consumption expanded by 19.5 per cent compared to November 2022, while diesel usage rose by 5.1 per cent. ATF showed a significant 20.2 per cent growth over the two-year period, highlighting the aviation sector’s post-pandemic recovery.

The LPG segment grew by 6.3 per cent over November 2022 and by an impressive 22.36 per cent compared to pre-COVID levels in November 2019, with a compounded annual growth rate (CAGR) of 4.12 per cent. Petrol and diesel also posted strong growth compared to the pre-pandemic period, up 34.83 per cent (CAGR: 6.16 per cent) and 7.83 per cent (CAGR: 1.52 per cent), respectively.

Diesel consumption continued to dominate, accounting for a substantial share of the fuel market. The 8.4 per cent year-on-year growth emphasized increased activity in transportation and industrial sectors during the month.

An energy expert commented that the PPAC report highlights India’s rising energy demand across sectors, driven by economic activity and a revival in travel and industrial consumption. The steady increase in fuel consumption indicates a strong recovery trend, with energy demand surpassing pre-pandemic levels in most segments.

India’s fuel consumption saw a robust increase in November 2024, with petrol sales rising by 9.2 per cent year-on-year to 3,418 thousand metric tonne (TMT), as per provisional data from the Petroleum Planning & Analysis Cell (PPAC). Diesel, the country’s most widely consumed fuel, also showed significant growth, climbing 8.4 per cent to 8,158 TMT. The aviation turbine fuel (ATF) segment demonstrated a strong recovery, with consumption up by 7.7 per cent to 743 TMT, reflecting the on-going recovery of air travel. Liquefied petroleum gas (LPG), a common household fuel, saw a 7.3 per cent increase in demand, reaching 2,765 TMT, indicating steady usage in both residential and industrial sectors. Compared to November 2023, all key petroleum products experienced year-on-year growth. Petrol consumption expanded by 19.5 per cent compared to November 2022, while diesel usage rose by 5.1 per cent. ATF showed a significant 20.2 per cent growth over the two-year period, highlighting the aviation sector’s post-pandemic recovery. The LPG segment grew by 6.3 per cent over November 2022 and by an impressive 22.36 per cent compared to pre-COVID levels in November 2019, with a compounded annual growth rate (CAGR) of 4.12 per cent. Petrol and diesel also posted strong growth compared to the pre-pandemic period, up 34.83 per cent (CAGR: 6.16 per cent) and 7.83 per cent (CAGR: 1.52 per cent), respectively. Diesel consumption continued to dominate, accounting for a substantial share of the fuel market. The 8.4 per cent year-on-year growth emphasized increased activity in transportation and industrial sectors during the month. An energy expert commented that the PPAC report highlights India’s rising energy demand across sectors, driven by economic activity and a revival in travel and industrial consumption. The steady increase in fuel consumption indicates a strong recovery trend, with energy demand surpassing pre-pandemic levels in most segments.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?