Diwali effect: November diesel consumption down 3% year-on-year, petrol sales up 9.4%

India’s diesel consumption declined year-on-year (y-o-y) in November even as festival demand pushed up petrol consumption in the Diwali month, according to official fuel consumption data.
Oil industry executives said diesel demand saw a temporary hit in November as a sizable number of trucks would have not plied for a few days given that many truckers tend to take a break around the major festival.
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