Diesel the culprit of India's oil demand growth in 2024: OPEC
In the first six months of 2024, the country's oil demand is projected to expand by an average of around 250 thousand barrels per day year-on-year.
In the first six months of 2024, the country's oil demand is projected to expand by an average of around 250 thousand barrels per day year-on-year.
India is on track to post an increase of 1.2 mb/d, accounting for more than one-third of the projected 3.2 mb/d global gains, to reach 6.6 mb/d by 2030, according to IEA
India’s oil consumption is set to increase at a faster pace than others as it’s still in the initial stages of economic development, says IEA
Titled as the 'World Oil Outlook 2045', the report says that India will add 6.6 mb/d (million barrels per day) to oil demand by 2045.