June 1, 2020 / 7:11 AM / a month ago

Indian state retailers' May gasoline sales fall 36%; diesel down 31%

NEW DELHI, June 1 (Reuters) - Gasoline sales in May by Indian state fuel retailer fell 36% from a year earlier, while diesel sales dropped 31%, provisional data obtained from two industry sources on Monday showed, demonstrating a recovery in fuel demand.

In April, gasoline sales declined 61% from a year earlier and diesel sales dropped 57% from a year earlier.

State companies Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum own about 90% of the retail fuel outlets in the country.

The sources who provided the provisional industry data asked not to be identified citing confidentiality. (Reporting by Nidhi Verma; Editing by Christian Schmollinger)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below