Page 37 - Policy Economic Report - April 2026

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Petroleum products consumption in India

Monthly Review:

• Overall consumption of all petroleum products in March 2026 with a volume of 21.37 MMT
registered a growth of 2.18% on volume of 20.91 MMT in March 2025.

• MS (Petrol) consumption during the month of March 2026 with a volume of 3.78 MMT recorded
a growth of 7.61% on volume of 3.51 MMT in March 2025.

• HSD (Diesel) consumption during the month of March 2026 with a volume of 8.73 MMT recorded
growth of 8.04% on volume of 8.08 MMT in the month of March 2025.

• LPG consumption during the month of March 2026 with a volume of 2.38 MMT registered a de-
growth of 12.58% over the volume of 2.72 MMT in the month of March 2025.

• ATF consumption during March 2026 with a volume of 0.807 MMT registered a growth of 0.66%
over the volume of 0.801 MMT in March 2025.

• Bitumen consumption during March 2026 with a volume of 1.02 MMT registered growth of 3.14%
over volume of 0.99 MMT in the month of March 2025.

• Kerosene consumption registered growth of 34.09% during the month of March 2026 as
compared to March 2025.

Table 6: Petroleum products consumption in India, March 2026 and Year till Date (YTD)

Monthly Year till Date

Consumption of Petroleum Consumption MoM (%) YoY (%) Consumption YoY (%)
change change in '000 MT change
Products (P) in '000 MT -15.7% -12.6%
-6.8% -12.5%
LPG 2,379 12.2% 7.6% 33,212 6.04%
5.5% 0.7% 11,741 -10.80%
Naphtha 943 16.1% 34.1% 42,586 6.45%
13.9% 8.0% 9,161 1.97%
MS 3,779 15.8% 4.2% 12.73%
17.4% 5.5% 460 3.61%
ATF 807 23.0% 34.3% 94,704 20.41%
10.5% 3.1% 1,009 6.91%
SKO 44 0.5% -8.3% 4,914 -0.95%
-17.0% -8.9% 6,397 6.10%
HSD 8,726 5.8% 2.2% 8,841 -9.99%
19,845 -11.09%
LDO 95 10,322 1.68%
2,43,192
Lubricants & Greases 483

FO & LSHS 649

Bitumen 1,017

Petroleum coke 1,730

Others 713

TOTAL 21,367

Source - PPAC
Year Till Date: 1st April 2025 – 31st March 2026

April 2026 Page | 36