Indian Petroleum Use Falls, Aviation and Diesel Hold Strong
India's petroleum consumption in May 2024 slightly decreased by 1% to 20.49 MMT, per the Petroleum Planning and Analysis Cell (PPAC). However, aviation and motor spirit sectors saw growth, with High-Speed Diesel (HSD) rising 1.8% to 8.37 MMT and Motor Spirit (MS) increasing 2.4% to 3.43 MMT. These figures highlight resilient demand in transportation despite overall consumption trends.