India consumed 83.5 million tonnes of diesel in the 2018/19 fiscal year, according to Ministry of Petroleum and Natural Gas data.
Symbol: CRUDEOIL| Contract: Dec, 2019| Category: Energy
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Oil prices fell on Friday, with US crude dropping more than 4 per cent, on fresh trade tensions and record high US crude production, but they still ended the month higher as OPEC watchers expect an extension next week to a pact to throttle oil output beyond March.
Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 40 per cent of the country's industrial output.
Petrol, diesel prices today: The domestic fuel prices are broadly determined by the rupee-dollar exchange rate and international crude oil prices.
India, which usually imports about 80 per cent of its needs from members of the Organization of the Petroleum Exporting Countries (OPEC), has been diversifying its sources of oil as local refiners have upgraded plants to process cheaper crude grades.
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|CRUDE PALM OIL||31-12-2019||7.67%|
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