India’s oil products demand rose almost 9% in June on the year to 17.99 million mt, or 4.7 million b/d, the latest provisional data from the Petroleum Planning and Analysis Cell showed, primarily driven by higher consumption of diesel and gasoline. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Diesel demand rose 7.8% on the year to 7.3 million mt in June, while gasoline demand rose by 15% to 2.4 million mt. In June, demand for LPG grew by 2.6% on the year while jet fuel recorded a 13% rise. Analysts said last month’s higher sales of diesel and gasoline despite high global crude prices demonstrated a sustainable consumption level in the world’s third-largest oil consumer. The higher demand is a reflection of buoyant local consumption for oil and oil products due to the Indian government’s thrust on infrastructure development and surging […]