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India’s Fuel Demand Shows Strong Growth with a 5.5% Increase in October

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India’s fuel consumption, which serves as a key indicator for oil demand, demonstrated robust growth in October.

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According to data released by the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry, fuel consumption surged by 5.5% on a month-on-month basis, reaching approximately 19.26 million metric tons.

This significant increase in fuel demand reflects positive trends in India’s economic activities and energy consumption.

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