India's fuel consumption rises 4% in FY19
Commodity Online | July 23 2019
UPDATED 09:24:06 IST

India imposes anti-subsidy duty on imports of Copper wire rods from 4 nations

USDA cuts Malaysia's Palm Oil production outlook for 2019-20

World food prices at 5-year high in December: UN

Malaysia's Palm Oil stocks fall 11% in December

Improvement in macro sentiment leading to recovery in Aluminium, Copper prices: report

India's diesel consumption rose to 83.5 million tonnes while petrol consumption rose to 28.3 million tonnes during 2018-19.

In response to a query in the Lok Sabha, Minister for Petroleum and Natural Gas, Dharmendra Pradhan, said petrol consumption stood at 26.2 million tonnes in 2017-18, and 23.8 million tonnes in 2016-17.

Diesel consumption was at 81.1 million tonnes in 2017-18 and 76 million tonnes in 2016-17. Total auto fuel consumption during 2018-19 was 4% higher while petrol consumption was 8% and diesel consumption was 3% higher than 2017-18 levels.

To help meet this demand, petrol and diesel worth Rs 5,615 crore was imported during 2018-19 on the back of globally firmed up auto fuel prices. According to data shared by the Ministry of Petroleum and Natural Gas, the country’s diesel imports cost Rs 2,483 crore while petrol imports cost Rs 3,132 crore last fiscal.

The minister said the country imported 0.7 million tonnes of petrol and 0.6 million tonnes of diesel during the financial year under review. In 2017-18, diesel imports were at 1.4 million tonnes while petrol imports stood at 0.2 million tonne, costing the exchequer Rs 4,850 crore for auto fuel imports.

 

Commodity Arrivals Rate
Mustard Oil NR 10050.00
Coconut Oil 2 18000.00
Arecanut 1.66 20500.00
Sugar NR 3500.00

More

×