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Data released by the Indian oil ministry (PPAC) reveals that the country’s fuel demand jumped by 3.3% in July, compared with the corresponding month last year. The consumption of fuel which is an established parameter for oil demand, computed to 17.58 million tonnes. While gasoline sale was 8.8% higher from a year earlier at 2.52 million tonnes, LPG sales improved 9% to 2.22 million tonnes.
