India’s Diesel, Petrol Sales Rise Strongly in July
Diesel sales of IOC, BPCL and HPCL rise 10.7% and petrol 9.7% in July, reflecting higher economic activity and delayed monsoon impact on farms.
New Delhi, Aug 3 — India’s leading oil marketing companies — Indian Oil, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd — recorded a robust increase in diesel and petrol sales during July compared with the same month last year, reflecting elevated economic activity.
Diesel, the most widely consumed fuel in the country and used extensively in the farm and transport sectors, posted a double-digit growth of 10.7 per cent to 7.12 million tonnes, up from 6.43 million tonnes in July last year.
Higher demand was driven by delayed monsoon rains that prompted farmers to rely more on diesel pumps during the peak sowing season. The commissioning of new highways and expressways over the past year also contributed to increased commercial traffic. July’s diesel volumes were 11.5 per cent higher than the same month in 2024 and 12.7 per cent above 2023 levels.
