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POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
Table 6: Petroleum products consumption in India, December 2024 and Year till Date (YTD) 2024
Monthly Year till Date
Consumption of Petroleum Consumption MoM (%) YoY (%) Consumption YoY (%)
Products (P) change in '000 MT change
in '000 MT change
LPG 2,781 4.0% 5.8% 23,200 6.69%
2.1% -19.3% 10,000 1.16%
Naphtha 1,070 -3.4% 10.8% 30,003 8.03%
4.6% 8.7% 6,664 9.87%
MS 3,312 -2.8% -13.9% -18.92%
-1.3% 5.9% 308 2.22%
ATF 782 -13.1% 4.6% 68,250 4.34%
6.1% 18.5% 22.73%
SKO 35 8.2% -0.4% 609 1.07%
12.3% -0.3% 3,436 -4.91%
HSD 8,057 2.0% 17.3% 4,992 16.99%
11.2% -32.5% 5,766 -11.70%
LDO 70 1.0% 3.1% 16,112 4.30%
9,127
Lubricants & Greases 390 1,78,466
FO & LSHS 571
Bitumen 792
Petroleum coke 1,874
Others 934
TOTAL 20,668
Source- PPAC
Fiscal Year: 1st April 2024 – 31st March 2025
January 2025 Page | 32