India’s appetite for transport fuels remained largely unaffected by the steepest fuel price increase in nearly four years, with consumption of petrol and diesel continuing to rise in May despite cumulative retail price hikes of over Rs 7 per litre and elevated global crude oil prices. Data released by the Petroleum Planning and Analysis Cell (PPAC) showed overall petroleum product consumption rose 2.38% month-on-month to 19.93 million metric tonnes (MMT) in May from 19.47 MMT in April, driven by higher demand for road transport fuels and aviation fuel.