Total petroleum products’ sales up 9% in April y/o/y

General

In April 2024, the total sales of petroleum products amounted to 115,028 tonnes, recording an increase of 9%, compared to April 2023, according to data published by Cyprus’ Statistical Service on Monday.

An increase was observed in the provisions of marine gasoil (27.5%) and aviation kerosene (6.4%) as well as in the sales of heavy and light fuel oil (59.3% and 39.1%, respectively), asphalt (40.7%), motor gasoline (6.9%) and road diesel (4.9%).

On the contrary, a drop was recorded in the sales of kerosene (-59.9%), heating gasoil (-30.3%) and liquefied petroleum gases (-3.1%).

As far as the sales from filling stations are specifically concerned, these have increased by 4.6% to 53,037 tonnes.

Compared to March 2024, the total sales of petroleum products in April 2024 recorded an increase of 6.3%. Indicatively, a rise was recorded in the provisions of aviation kerosene (57.4%) and marine gasoil (17.7%), yet the sales of road diesel and gasoline dropped by 6.7% and 1.5%, respectively.

The total stocks of pe
troleum products at the end of April 2024 fell by 14.6%, compared to the end of the previous month.

During the period January – April 2024, the total sales of petroleum products increased by 2.9%, compared to the corresponding period of the previous year.

Source: Cyprus News Agency