Total petroleum product sales in Cyprus fell by 4.7 per cent in November, compared to the same month in 2023, according to the Cyprus Statistical Service (Cystat).

Despite the overall decline, kerosene sales surged by 35.1 per cent, with an increase also observed in sales at petrol stations.

The latest data on petroleum imports, sales, and inventories for November 2024 indicate that total petroleum sales amounted to 113,640 tonnes, reflecting a 4.7 per cent decrease year-on-year.

Significant declines were reported in marine fuel supplies (-13.9 per cent) and aviation fuel (-8.1 per cent), as well as in sales of light and heavy fuel oil (-23.9 per cent and -6.3 per cent, respectively), asphalt (-7.0 per cent), and diesel (-5.7 per cent).

Conversely, increases were noted in kerosene sales (35.1 per cent), heating oil (18.6 per cent), liquefied petroleum gas (13.7 per cent), and petrol (0.1 per cent).

Moreover, sales from petrol stations specifically rose by 4.1 per cent to 58,587 tonnes.

Month-on-month, total petroleum sales in November 2024 decreased by 16.0 per cent compared to October 2024.

The report also showed declines in aviation fuel supplies (-50.1 per cent), diesel sales (-10.2 per cent), and petrol sales (-8.8 per cent).

Total petroleum inventories at the end of November 2024 fell by 3.7 per cent compared to the end of the previous month.

For the January-November 2024 period, total petroleum sales increased by 0.8 per cent compared to the corresponding period in 2023.