Festive demand boosts India October diesel sales
India diesel sales jumped in early October as festival demand and agricultural needs increased truck movement. State-run retailers absorbed global price spikes by keeping pump rates below market levels, attracting buyers away from private competitors.
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India's diesel sales rose to 3.65 million metric tons in the first half of October, climbing 25.4% from a year earlier. The surge was driven by festive transport demand and state-subsidized retail pricing as global energy costs escalated. That growth outpaces historical averages as consumers shift away from private distributors.
