India’s fuel demand makes shaky start

Bloomberg

Indian energy demand got off to a shaky start in the new year with sales of transport and cooking fuels over the first two weeks of 2021 declining from a month earlier.
The sale of diesel — the country’s most-used fuel and a proxy for economic health — dropped during January 1-15 by 6.6% from the same period in December and 3.5% from a year earlier, according to people familiar with preliminary data from the country’s three biggest retailers. Sales of gasoline, jet fuel and liquefied petroleum gas also declined month-on-month.
Motor fuel sales were still 8.5% higher from a year earlier.

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