India’s diesel consumption is gathering pace with the onset of annual festivals, boosting sales to pre-pandemic levels in the first half of October in a sign that the economy is bouncing back.
The top three Indian fuel retailers sold 2.41 million tons of diesel Oct. 1-15, just 0.9% less than the corresponding period of 2019, according to preliminary figures from officials with direct knowledge of the matter. The sales were 14.5% higher than the same period a month earlier, they said, asking not to be named as the information is not public.
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October 17, 2021 at 02:17PM
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India Diesel Consumption Rebounds as Economic Recovery Continues - Bloomberg
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