The demand for petrol is really strong right now in the economy. It is rising due to the surge in personal mobility.
Over the last fortnight, oil prices have increased by about $3 per barrel, which should logically have pushed the petrol prices at around Rs 2/litre
The sales of gasoline or petrol were at 2.69 million tonnes, which is 13% higher than that in 2020.
After easing out of restrictions with Covid-19 cases declining in June, the fuel demand signaled signs of resurgence.
Petrol Price Today: Auto fuel prices may go down this month as international oil prices are trading on the lower side
Petrol price today: Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges
Petrol price today: A litre of petrol and diesel in the national capital is being sold at Rs 101.84 and Rs 89.87 respectively
Petrol price today: A litre of petrol in Delhi is being retailed at Rs 101.84 and diesel at Rs 89.87
LPG was the only fuel the consumption of which crept up compared to April
Fuel demand fell 1.5% to 15.1 million tonnes despite the low base of May 2020 and was down 11.3% when compared to the previous month