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India's massive industrial expansion means that diesel/gasoil is the single largest source of oil demand growth, the IEA said in a report released at the India Energy Week in Goa.
The world's third-largest oil importer and consumer is on track to post an oil demand increase of almost 1.2 million barrels per day (bpd), accounting for more than one-third of the projected 3.2 million bpd global gains, the IEA said in a report released at the India Energy Week in Goa.
India to become largest global oil demand growth driver till 2030 - IEA
India Business News: QUITOL: India is expected to be the largest driver of global oil demand growth between 2023 and 2030, narrowly taking the lead from top importer China.
TotalEnergies CEO Patrick Pouyanne said that the costs of going through the Red Sea have gone up, partly due to higher insurance costs