Fuel demand likely to rise by 7.3% in India
According to estimates made by the Oil Ministry, India’s fuel demand is likely to rise by 7.3% in 2016-17 fiscal, led by robust expansion in consumption of petrol and diesel. Petrol consumption is projected to rise 12.4%, diesel by 7.7%, jet fuel by 3.9% and cooking gas LPG is seen rising by 9.3%