Drop in Fuel Sales:  April fuel sales decline 9.4 pc on COVID wave
Drop in Fuel Sales: April fuel sales decline 9.4 pc on COVID wave
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New Delhi: Data from Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) showed that  India's fuel demand slumped 9.4 percent in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus sweeping the nation pummelled demand.

PPAC also indicated Fuel consumption fell 9.38 percent to 17.01 million tonnes in April from 18.77 million tonnes in March. India was under one of the world's severest lockdowns in April 2020, bringing to a halt almost all economic activity. Fuel sales had halved that month, plunging to the lowest since 2006.

Comparing on a yearly basis, fuel demand surged 81.5 percent from April 2020 lows. Sales of petrol -- used in cars and motorcycles -- fell to 2.38 million tonnes in April, the lowest since August. Petrol sales in April were 13 percent lower than March 2021 and 3 percent lower than April 2019. Petrol sales in April 2020 were 9,72,000 tonnes.

 Demand for diesel fell to 6.67 million tonnes in April 2021, down 7.5 percent from the previous month and 9 percent from April 2019. Diesel sales in April 2020 were 3.25 million tonnes. With airlines continuing to operate at less than capacity, jet fuel (ATF) sales in April were 4,09,000 tonnes, down 14 percent over March 2021 and 36.7 percent over April 2019.

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