India’s Fuel Consumption Slips Despite Record Crude Oil Imports
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- free-analysis-rule-based-analysis
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- free-analysis-rule-based-analysis
- Article id
- 104380
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- 6h
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Free Analysis Rule Based Analysis not AI OIL Bullish 60%Generated 6h Excluded
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Original source
Despite recovering energy flows out of the Middle East, India’s fuel consumption last month fell by 3.7% from May to a total of 19.24 million metric tons, Reuters has reported, citing data from the country’s oil ministry. Fuel consumption was also down on the year in June, by 3.1%, the data showed. However, gasoline sales were up on the year, by a substantial 7.4%, even though they were down on the month, by 3.2%. Reuters suggested sales of gasoline to Russia played a role in the sales increase, as Ukrainian drone attacks on Russian…
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Original article published by OilPrice.com on July 7, 2026. Analysis and insights provided by AnalystMarkets AI.
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