Back to Guavy Wire

Commodities

Petrol, Diesel Sales Rise as Jet Fuel Demand Falls Amid Iran Disruptions

Guavy AI Editorial Team Published August 2, 2026

Instruments

Oil

Petrol sales in India rose by 8.6% year-on-year in July, driven by increased mobility and stronger vehicle sales.

Diesel demand also jumped 9.4%, while jet fuel sales fell 1.4%. LPG consumption declined by 17.4%

The oil ministry's provisional data shows that the decline in LPG sales is due to supply disruptions since the Iran war started on February 28.

Jet fuel demand has been under pressure as higher fuel costs inflated airfares, impacting air travel demand.

More on Commodities

Commodities just now

Petrol Price in India Remains Unchanged Despite Global Market Volatility

Commodities 6m ago

Gold Prices Hang in Balance Ahead of Crucial Employment Report

Commodities 6m ago

Iran Vows Retaliation if US Blocks Oil Exports Amid Escalating Tensions

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy