Over the last fortnight, oil prices have increased by about $3 per barrel, which should logically have pushed the petrol prices at around Rs 2/litre
The sales of gasoline or petrol were at 2.69 million tonnes, which is 13% higher than that in 2020.
After easing out of restrictions with Covid-19 cases declining in June, the fuel demand signaled signs of resurgence.
Petrol Price Today: A litre of petrol in Delhi is being retailed at Rs 101.84 and diesel at Rs 89.87
LPG was the only fuel the consumption of which crept up compared to April
Fuel demand fell 1.5% to 15.1 million tonnes despite the low base of May 2020 and was down 11.3% when compared to the previous month
While petrol sales had reached pre-COVID levels a few months back, diesel was up 7.4% year-on-year in the first half of March, said Indian Oil Corpora