India’s gasoline consumption in March shrank by 18 p.c, the largest decline in additional than a decade, as a nationwide lockdown halted financial exercise and journey.
India’s petroleum product consumption fell 17.79 p.c to 16.08 million tonnes in March as diesel, petrol and aviation turbine gasoline (ATF) demand fell, in accordance with official information launched on Thursday. Diesel, essentially the most consumed gasoline within the nation, noticed demand contract by 24.23 p.c to five.65 million tonnes.
That is the largest fall in diesel consumption the nation has recorded as most vehicles went off-road and railways stopped plying trains. Petrol gross sales dropped 16.37 p.c to 2.15 million tonnes because the 21-day nationwide lockdown enforced to forestall the unfold of COVID-19 took most automobiles and two-wheelers off the street.