Consumption of petroleum products fell by 7 percent on an annual basis - Money

Consumption of petroleum merchandise fell by 7 p.c on an annual foundation – Cash

Economy By Sep 02, 2023 No Comments



Within the first two months of the present monetary 12 months, the consumption of petroleum merchandise within the nation has recorded a decline of seven p.c on annual foundation.

Based on OCAC and trade knowledge, the consumption of two.76 million tons of petroleum merchandise within the nation was recorded in July and August, which is 7% lower than the identical interval of the earlier monetary 12 months. consumption was recorded.

In August, the nation recorded gross sales of 1.41 million tons of petroleum merchandise, which is 8 p.c lower than final 12 months’s August, in August final 12 months, the nation recorded gross sales of 1.53 million tons of petroleum merchandise. In comparison with July, the consumption of petroleum merchandise within the nation elevated by 4 p.c on a month-to-month foundation in August.

Based on the report, the sale of petroleum merchandise within the nation elevated from 1.35 million tonnes in July to 1.41 million tonnes in August.

Based on the statistics, within the first two months of the present monetary 12 months, the sale of petrol within the nation elevated by 8 p.c and the sale of excessive pace diesel by 11 p.c on an annual foundation, quite the opposite, the sale of furnace oil recorded a lower of 61 p.c on an annual foundation.



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