India's Fuel Demand Surges in December Driven by Travel and Economic Activity
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India's Fuel Demand Surges in December Driven by Travel and Economic Activity

India's fuel consumption saw robust growth in December, with petrol sales increasing by 6.68% and diesel by 4.98% year-on-year. This surge is attributed to high travel demand during the festival and marriage seasons, alongside increased industrial and commercial activity following GST rate cuts. Liquefied petroleum gas (LPG) demand also rose significantly by 12.7% year-on-year, driven by strong household needs. Petrol and LPG consumption have remained strong throughout the current financial year.

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