New Delhi, April 20 -- Petrol and diesel sales have posted a handsome rise in demand since the US-Iran war. Petrol sales were up 7.6 per cent to 3.78 million tonne while diesel consumption rose 8.1 per cent to 8.727 million tonne, according to data from PPAC.
For the full fiscal, ATF sales were up 2 per cent to 9.161 million tonne while petrol consumption rose 6.5 per cent to 42.586 million tonne. Diesel consumption was higher by 3.6 per cent to 94.705 million tonne.
Fuel prices at the retail level in India continue to remain steady. State-owned Oil Marketing Companies (OMCs) have mostly kept rates unchanged in order to cushion consumers from ongoing fluctuations in global markets.
Despite significant volatility in international commod...
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