India's Fuel Consumption Hits 21.75 Million Tons in December, Setting Record
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Source: Newsfilter
- Significant Consumption Growth: India's fuel consumption reached 21.75 million tons in December, a 5.3% year-on-year increase, marking the highest monthly record since April 1998, which underscores the robust recovery of the domestic economy and solidifies India's position as the world's third-largest oil consumer.
- Gasoline Sales Rebound: December gasoline sales stood at 3.56 million tons, up 1.1% from November and 7.1% year-on-year, indicating a sustained recovery in consumer demand that could drive growth and investment in related sectors.
- Rising LPG Consumption: Liquefied petroleum gas consumption rose by 11.2% year-on-year to 3.08 million tons, reflecting an increasing demand for cleaner energy in households and industries, thereby promoting an optimized energy structure.
- Diesel Consumption Fluctuations: Although diesel consumption increased by 5% year-on-year to 8.46 million tons, it saw a month-on-month decline of 1.1%, highlighting the impact of seasonal demand variations that could affect future supply chain management and pricing strategies.
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About RELI
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. It focuses on growing by pursuing acquisition strategies and focused on wholesale and retail insurance agencies. Its business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies with an entire suite of business development tools. Its business-to-consumer platform, 5minuteinsure.com (5MI), utilizes artificial intelligence and data mining to provide online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. It has added Ethereum to its financial holdings. It focuses on identifying specific risk to reward arbitrage opportunities and developing these on a national platform, and identifying and acquiring undervalued wholesale and retail insurance agencies with operations in growing or underserved segments. It owns Solana, the native token of the Solana blockchain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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