By Harry Floudopoulos
The fuel market is sending positive messages according to the latest available data for the sales of September and the 9 months. The picture is encouraging for diesel, ie petrol and diesel, which show a significant increase compared to the corresponding figures last year. On the contrary, heating oil shows a significant lag compared to 2020, with the result that in all fuel sales, the market is in the red.
More specifically, in September, gasoline sales increased by 2.8% from 258,261 cubic meters to 265,621 cubic meters. Respectively, the sales of diesel oil showed an impressive increase by 14.2% from 268,518 cubic meters to 306,632 cubic meters. Thus, in total, the market has a positive sign of 8.6%.
The picture for diesel fuel remains positive even in the 9-month horizon: gasoline sales increased by 1.9% from 1,990,132 cubic meters last year to 2,028,352 cubic meters this year. Diesel oil is up 6.8% from 2,157,324 cubic meters last year to 2,304,752 cubic meters this year.
However, on the whole the market is declining due to the significant lag in sales of heating oil, which fell by 40.9% from 1,127,566 cubic meters to 666,074 cubic meters. Thus, in the 9 months as a whole, the fuel market is at -5.2%.
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Source From: Capital
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