India’s fuel demand falls during monsoon season. The cycle follows every year, the need for diesel increases close to summer.
Key Highlights –
- India’s fuel demand falls as monsoon set in.
- One of the sectors the agriculture industry, affected by the monsoon
- The usage dropped from 3.17 million users to 2.82 million users.
India’s fuel demand falls during monsoon season. The cycle follows every year, the need for diesel increases close to summer. India’s diesel demand dropped from 3.17 million users to 2.82 million users for two consecutive months. As monsoon hits the different parts of the country, the usage of diesel is reduced, resulting in a lower sale of fuel.
The major industry which relies on diesel is agriculture. Due to the monsoon onset, the agricultural sector is restricted as mobility to access farms and fields is limited.
The diesel demand in the country dropped from 11.2% on August 1st, 2022, to August 15th, 2022. Petrol demand in India s flat the demand for diesel is lower from July to September compared to April to June.
Read More – India’s fuel demand continues to plummet as the monsoon season begins
