Petrol Sales Record Flat YoY In June

Indian state fuel retailers' gasoil and gasoline sales in June were little changed from the previous month, preliminary data showed, as people avoided travel as a heat wave in May gave way to monsoon rains.

Daily sales of gasoil rose marginally by 0.4 per cent to 7.12 million metric tonnes in June compared with May, the data showed.

Fuel demand in India, the world's third-biggest oil importer and consumer, typically falls during the four-month monsoon season beginning in June as parts of the country are hit by heavy floods.

Monsoon rains also reduce demand from the agriculture sector as fewer irrigation-related requirements decrease.

Gasoil accounts for about two-fifths of India's overall refined fuel consumption and is directly linked to industrial activity in Asia's third-largest economy.

State fuel retailers' daily gasoline sales remained flat at nearly 2.90 million tonnes, the data showed.

State-run retailers and refiners - Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum - own about 90 per cent of India's retail fuel outlets.

Below is a table of Indian state refiners' preliminary daily fuel sales data with volumes in thousand tonnes.