India's oil demand down 5.5% YoY in February 2021

Diesel demand was down 8.5 per cent YoY in February 2021. This was primarily due to weak diesel demand from railways and state transport.

Petrol demand was also down 3 per cent YoY. This was the first decline after growth for 5 straight months.

LPG demand was up 7.2 per cent YoY in February 2021.

ATF demand was down 37 per cent YoY. The demand of ATF has been declining since the start of this fiscal.

India's oil demand continued to be on a declining trend in February and was down 5.5 per cent YoY. Shivani Sharma, Pragati Srivastava