• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

India’s Demand For Fuels Rises 1.94 Pc To Surpass 20.3 Million Tonnes In June

OMMCOM NEWS by OMMCOM NEWS
July 7, 2025
in Business

New Delhi: India’s consumption of petroleum products such as petrol, diesel, and LPG rose by 1.9 per cent to 20.31 million metric tonnes in June from 19.94 million tons in the same month last year, according to official figures released by the Ministry of Petroleum and Natural Gas on Monday.

Sales of petrol went up by 6.7 per cent in June compared to the same month last year due to the increase in sales of cars and two-wheelers in the country, with the revival in rural demand amid a more robust performance of the agriculture sector.

Diesel, which is the most widely used fuel in the country as an input in both the farm and transport sectors, registered a 1.6 per cent increase to 8.11 million metric tons in June this year compared to the same month in the previous year. The growth in the consumption of diesel, which constitutes close to 40 per cent of fuel sales, reflects the higher economic activity in both the farm and logistics sectors of the economy.

Liquefied petroleum gas (LPG) sales surged by a robust 9.1 per cent to 2.53 million metric tons in June, compared to the same month of the previous year, as more households switched to cooking gas amid rising incomes, and the government’s Ujjwala scheme brought the fuel within the reach of poor families. Besides, commercial consumption of the fuel in hotels and restaurants has also gone up.

Sales of naphtha, which is used for making fertilisers, were up 2 per cent to 1.03 million metric tons during the month.

However, on a month-on-month basis, the sales of petroleum products fell by 4.7 per cent compared to the previous month due to the early onset of the monsoon in June.

India is the world’s third-largest consumer and importer of oil. The data is a proxy for the country’s oil demand.

Meanwhile, Minister of Petroleum and Natural Gas Hardeep Singh Puri last month allayed fears over any disruption in oil supplies to Indian consumers during the Israel-Iran war and further escalation in geopolitical tensions in the Middle East because of the US bombing of Iran’s nuclear sites.

“We have been closely monitoring the evolving geopolitical situation in the Middle East since the past two weeks. Under the leadership of Prime Minister Narendra Modi, we have diversified our supplies in the past few years, and a large volume of our supplies does not come through the Strait of Hormuz now,” the minister said.

He pointed out that the country’s oil marketing companies (Indian Oil, Bharat Petroleum and Hindustan Petroleum) have supplies for several weeks and continue to receive energy supplies from several routes.

India has diversified its oil sources by increasing imports from Russia as well as the US and building resilience through strategic reserves in underground storage on the coast.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Iranian Foreign Minister Thanks BRICS For Condemning Military Strikes

Next Post

Over 4,000 Myanmar Nationals Have Taken Refuge In Mizoram: Officials

Related Posts

SEBI.
Business

Nearly 91 Pc Of Retail Investors Incur Net Loss In Equity Derivatives In FY25: SEBI

July 7, 2025
Business

BRICS Must Amplify The Voice Of Global South: FM Sitharaman

July 7, 2025
Business

Gold prices fall over Rs 400, silver down Rs 1,000 amid US tariff uncertainties

July 7, 2025
Indian stock markets
Business

Stock Market Ends Flat As Investors Await Clarity On India-US Trade Deal

July 7, 2025
Business

India’s Cement Industry To Clock Higher Profit In FY26 As Demand Firms Up: Report

July 7, 2025
SEBI
Business

Ban Order In Jane Street Case Shows SEBI Has Enough Powers: Tuhin Kanta Pandey

July 7, 2025
Next Post

Over 4,000 Myanmar Nationals Have Taken Refuge In Mizoram: Officials

Chhattisgarh EOW Submits Charge Sheet In Multi-Crore Liquor Scam

Restoration Of Ratna Bhandar Of Shree Jagannath Temple Completed

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.