Petroleum products sales down 16% m-o-m in November

Total sales of petroleum products in Cyprus amounted to 113,640 tonnes in November, a decrease of 4.7% from the same month last year, and a drop of 16% from the pervious month.

The statistical service Cystat reported that as regards year-on-year changes, a decrease was observed in the provisions of marine gasoil (-13.9%) and aviation kerosene (-8.1%), as well as in the sales of light and heavy fuel oil (-23.9% and -6.3%, respectively), asphalt (-7.0%) and road diesel (-5.7%).

On the contrary, an increase was recorded in the sales of kerosene (35.1%), heating gasoil (18.6%), liquefied petroleum gases (13.7%) and motor gasoline (0.1%).

As far as sales at filling stations are concerned, these increased in November by 4.1% year-on-year to 58,587 tonnes, and by 2.3% y-o-y for the January-November period.

Total sales of petroleum products in November, compared to October dropped 16.0%. There was a decrease in the provisions of aviation kerosene (-50.1%), in the sales of road diesel (-10.2%) and motor gasoline (-8.8%).

The total stocks of petroleum products at the end of November decreased by 3.7% compared to the end of the previous month.

During the January-November period, total sales of petroleum products increased by 0.8% compared to the same period last year.