BusinessSunday, November 1, 20261 min read

Diesel sales surged 11.7%, petrol 3.1% in October

By Economic Times · Published by Everything Blog

In short

Diesel consumption outpaced its multi-month average, surging well beyond the growth rate recorded throughout the earlier April-October timeline. At the same time, petrol demand moderated under pressure from expanding CNG vehicle adoption across the market. Downward trends also impacted aviation turbine fuel and cooking gas, with the latter enduring deep contractions tied to tightened supplies following the onset of the Iran war.

Key points

A rising consumer shift toward CNG-powered vehicles is directly moderating retail petrol…: A rising consumer shift toward CNG-powered vehicles is directly moderating retail petrol demand across the nation.
Sluggish activity in the aviation sector left turbine fuel sales virtually flat throughou…: Sluggish activity in the aviation sector left turbine fuel sales virtually flat throughout the April-October period.
Household cooking gas supplies remain constrained by an ongoing downturn linked to the on…: Household cooking gas supplies remain constrained by an ongoing downturn linked to the onset of the Iran war.

Sources checked by our analysis pipeline: 1

The growth was significantly higher than the 5.9% increase recorded during the April-October period, indicating an unusually strong uptick in diesel consumption last month.

Petrol sales rose 3.1% in October, a relatively subdued increase compared with the 6.5% growth recorded during April-October. Growth in petrol consumption has moderated this year amid an increasing shift towards CNG-powered vehicles, which have captured a significant share of new vehicle sales.

Aviation turbine fuel (ATF) sales declined 1.3% in October and remained nearly flat during April-October, pointing to sluggish growth in the aviation sector.

LPG sales, predominantly driven by household cooking demand in India, fell 12.1% year-on-year in October, extending the decline seen since the onset of the Iran war, which has tightened supplies. LPG sales declined 14.5% during April-October.

(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

Subscribe to The Economic Times Prime and read the ET ePaper online.

(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

Subscribe to The Economic Times Prime and read the ET ePaper online.

AI Analysis

Tone

Neutral

In short

Key Points

A rising consumer shift toward CNG-powered vehicles is directly moderating retail petrol…: A rising consumer shift toward CNG-powered vehicles is directly moderating retail petrol demand across the nation.
Sluggish activity in the aviation sector left turbine fuel sales virtually flat throughou…: Sluggish activity in the aviation sector left turbine fuel sales virtually flat throughout the April-October period.
Household cooking gas supplies remain constrained by an ongoing downturn linked to the on…: Household cooking gas supplies remain constrained by an ongoing downturn linked to the onset of the Iran war.

Topics

Business

Was this summary useful?

AI Analysis

Tone

Neutral

In short

Key Points

A rising consumer shift toward CNG-powered vehicles is directly moderating retail petrol…: A rising consumer shift toward CNG-powered vehicles is directly moderating retail petrol demand across the nation.
Sluggish activity in the aviation sector left turbine fuel sales virtually flat throughou…: Sluggish activity in the aviation sector left turbine fuel sales virtually flat throughout the April-October period.
Household cooking gas supplies remain constrained by an ongoing downturn linked to the on…: Household cooking gas supplies remain constrained by an ongoing downturn linked to the onset of the Iran war.

Topics

Business

Was this summary useful?

Festive tailwinds drive car sales to record highs in October
Broad-based showroom demand revitalized traditional passenger vehicles alongside utility models as buyers capitalized on seasonal promotions across India. Market leaders capitalized on rising alternative-fuel adoption and improved domestic deliveries to post historic volumes despite persistent component hurdles. The surge establishes an aggressive benchmark for the automotive sector as retail momentum confronts post-holiday demand normalization.
1 min read
Chronic care boosts India’s drug sales growth
Expanded diagnostic facilities, heightened demand for dietary supplements, and a reduced Goods and Services Tax rate have combined to accelerate domestic pharmaceutical demand. Stricter quality enforcement also directed substantial market share toward top-tier manufacturers after authorities shuttered non-compliant facilities. This structural shift highlights how regulatory cleanups and specialized therapeutic treatments are fundamentally reshaping commercial revenues across the healthcare ecosystem.
2 min read
Gulf investors eye India’s AI and space tech
Regional institutions and offshore vehicles are deploying targeted capital into specialized Indian technology sectors despite broader market headwinds. A depreciating rupee and cautious market sentiment have pushed general allocations toward fixed-return assets, yet advanced computational and orbital ventures continue to secure substantial cross-border interest. These funding efforts signal a focused strategy to capture high-growth innovation ahead of planned public listings.
2 min read

Diesel sales surged 11.7%, petrol 3.1% in October

In short

Key points

More in Business