+
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.

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code