July petrol sales rose 9.7% and diesel demand climbed 10.7% as monsoon delay lifted use
IOC, BPCL and HPCL reported July fuel-sales growth, with petrol volumes reaching 3.45 million tonnes and diesel 7.12 million tonnes. ATF consumption rose 2.9%, while LPG demand fell 17.4% as commercial and industrial users shifted toward piped natural gas.
IOC, BPCL and HPCL reported strong July petrol and diesel sales growth as delayed monsoon rains lifted irrigation and motorist demand. ATF demand rose modestly, while LPG consumption declined as commercial and industrial users shifted to piped natural gas.
Why this matters
The fuel-volume gains follow IOC shifting 84% of crude buying to spot markets amid Middle East disruptions and reporting a ₹2,661 crore quarterly loss as fuel marketing margins turned negative.
Retail-company signals are accelerating, up 222983% QoQ.