REPORT, NOV 18: Local oil product sales declined 0.99 per cent in October, its first decline in about 11 months, government data showed on Wednesday, as diesel demand continued to ease indicating lower industrial growth during the month. Local oil product sales, a proxy for oil demand in the world\'s fourth-largest oil consumer, totalled 13.09 million tonnes last month, according to data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry.
Diesel consumption, which makes up over 40 per cent of local fuel sales, declined 3.02 per cent, while gasoline demand rose 10.49 per cent from a year earlier. India shipped in about 3.74 million barrels per day of oil in October, a growth of about 2.97 per cent from a year earlier. Imports of oil products increased by 5.38 per cent, while exports rose nearly 1.17 per cent.