Why petrol, diesel price has dropped ahead of festive season in India

Consumption of diesel, the most consumed fuel in the country, accounting for about two-fifths of the demand, dropped to 2.99 million tonnes during October 1 to 15 from 3.09 million tonnes a year back. Month-on-month sales were, however, up 9.6 per cent when compared with 2.73 million tonnes in the first half of September.