OPEC reports India’s May oil demand rose 110 tb/d year-on-year, driven by strong gasoline and LPG consumption growth.

• Gasoline demand surged 91 tb/d YoY in April, aided by 8% rise in vehicle sales and increased pre-monsoon travel.
• NGLs/LPG demand rose 90 tb/d YoY in May, higher than April’s 56 tb/d gain, reflecting robust household consumption.
• Transportation fuels and LPG continue to underpin India’s oil demand growth amid expanding economy and mobility trends.