India To Overtake China As Oil Demand Growth Centre In 2027: International Energy Agency
The Paris-based agency in a special Indian Oil Market Outlook to 2030 report released at the India Energy Week here, said the country’s oil demand will rise from 5.48 million barrels per day in 2023 to 6.64 million bpd in 2030.India will overtake China as the biggest driver of global oil demand in 2027 as transportation and industry consumption in the world’s fastest-growing major economy will