India's diesel demand rose sharply in the orst half of October as the monsoon rain season ended and the festival season began. Demand for other fuel products rose too, but at a slower clip. Diesel consumption rose to 1.56 million b/d in the orst half of October from 1.47 million b/d in the same period of September, according to preliminary sales data from state-owned reoners that account for 90% of the market. India is the world's third-largest oil consumer and the uptick in diesel demand will add to tightness in the global diesel market against the backdrop of reonery maintenance outages and an EU ban on imports of reoned products from Russia from Feb. 5.
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