India’s Fuel Demand Jumped to Six-Month High in November
Market Intelligence Analysis
AI-PoweredIndia's fuel demand reached a six-month high in November, driven by increased construction and agriculture activity following the end of the monsoon season, with total fuel consumption rising 3% from the previous year.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Total fuel demand in India, the world’s third-biggest crude oil importer, surged in November to the highest level in six months as construction and agriculture activity picked up after the end of the monsoon season. India consumed 21.27 million tons of fuels of all kinds in November, up by 3% from a year earlier, and the highest level since May 2025, before the monsoon season began, data from India’s Petroleum Ministry showed. Gasoline demand fell from the festive month of October in November, but was 2.6% higher last month…
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