Petrol, diesel sales surge in February after winter lull

Petrol sales of state-owned fuel retailers jumped 12 per cent to 2.57 million tonne in February, as compared to 2.29 million tonne of consumption in the same period of last year. Sales were 1.57 per cent higher than in COVID-marred February 2021 and 20 per cent more than in the same period of 2020. Month-on-month, the demand was up 13.5 per cent, reversing the dip in the previous month. Sales had fallen 5.1 per cent month-on-month in January as cold conditions cut vehicular movement.

from Energy-Industry-Economic Times https://ift.tt/Jw3pkxG