Petrol, Diesel Sales Fall Ahead Of Start Of Festive Season

Petrol, Diesel Prices Reduced by Rs 2 Per Litre Ahead of Lok Sabha Polls

October 16, 2023 | Author: News Desk

New Delhi, Oct 16: Petrol and diesel sales fell in the first half of October ahead of the start of festival season that is expected to boost consumption, preliminary data of state-owned firms showed.

Last year, Durga Puja/Dussehra as well as Diwali fell in October. This year the festival season, when consumption picks up, starts in the second half of October.

Petrol sales by three state-owned fuel retailers fell 9 per cent year-on-year, the first drop in two months. Diesel consumption dropped 3.2 per cent.