India August fuel demand hits two year low

India fuel consumption in August fell 6.3 percent from the previous month to 18.61 million metric tons, reaching its lowest level since September 2024. Diesel consumption dropped significantly while gasoline sales showed a slight increase.

A worker holds a nozzle to pump fuel in a vehicle at a petrol pump in New Delhi, India, May 19, 2026. REUTERS/Adnan Abidi

India's August fuel consumption fell 6.3% from July to 18.61 million metric tons, reaching its lowest level since September 2024. The drop reflects a monthly slowdown in industrial and transportation activity across the region. Investors are monitoring energy demand trends as a key indicator of broader economic momentum.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.