Economy

Fuel demand rises in Sept. over August

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Fuel demand in September rose month-on-month for the primary time since June as easing coronavirus restrictions supported financial exercise and journey, however consumption remained weaker than a yr earlier, authorities knowledge confirmed on Friday.

Consumption of refined fuels rose 7.2% in September from the prior month to 15.47 million tonnes, the primary enhance since June when demand rose to 16.09 million tonnes.

However, demand fell 4.4% from the identical interval a yr earlier, posting its seventh consecutive year-on-year slide, knowledge from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas confirmed.



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