Sensex
82,380.69 profit arw 594.95 (0.73%)
Nifty
25,239.10 profit arw 169.90 (0.68%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 16-Jul-2025
Economy - Reports
16-Jul-2025     14:27

India's oil demand growth accelerates in May 2025

Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly update that in May, India's oil demand expanded by 110 thousand barrels per day (tb/d), y-o-y, up from an increase of 21 tb/d, y-o-y, seen the previous month, supported by transportation fuels and NGLs/LPG. In terms of specific products, gasoline demand posted a large increase in April of 91 tb/d, y-o-y, up from 49 tb/d, y-o-y, seen in the previous month. Gasoline demand was supported by an increase in vehicle sales, which increased by 8%, y-o-y, amid a rise in travel ahead of the monsoon season. Demand for NGLs/LPG rose by 90 tb/d, y-o-y, up from 56 tb/d, y-o-y, growth seen in April.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

82,380.69 594.95 (0.73%)

Nifty

25,239.10 169.90 (0.68%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,438.52 -8.05(-0.03%)