India’s fuel consumption rose 2.1% year-on-year in December 2024, reaching 20.67 million metric tons, the highest level since May, reflecting robust demand in key sectors of the economy.

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• Fuel consumption rose 2.1% year-on-year to 20.67 million metric tons in December 2024.
• Monthly consumption was up over 1% from November’s 20.46 million tons.
• Petrol sales grew 10.8% year-on-year to 3.31 million metric tons.
• Diesel consumption rose 6% annually to 8.1 million tons but dropped 1.3% month-on-month.
• LPG sales increased by 5.8% year-on-year to 2.78 million tons.
• Naphtha sales declined sharply by 22.7% to 1.07 million tons.
• India’s private sector output grew at its fastest pace in four months, supporting fuel demand.
• Russian oil firm Rosneft signed a deal to supply 500,000 barrels per day to Reliance, marking a major energy partnership.
• India remains the world’s third-largest consumer and importer of oil, with this data reflecting its strong energy demand.