India Road Fuel Demand Robust as Jet and LPG Remain Weak
AI Briefing
- • India's diesel and gasoline demand rose 9% year on year, defying economic concerns and Gulf oil supply worries.
- • Jet fuel demand remains low, down from pre-conflict levels, despite strong overall fuel demand.
- • LPG demand also remains weak, below pre-conflict levels, despite robust overall fuel demand.
Context
India's diesel and gasoline demand has increased by 9% year on year. The growth in demand is occurring despite a weak economy and concerns about Gulf oil supplies.
The demand for certain fuels is not uniform, as jet and LPG demand remains low compared to pre-conflict levels.
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