Overall, India's oil demand is expected to grow by 258,000 barrels per day in 2023, revised higher by 9,000 bpd from the last update citing strong diesel sales.
Power Evaluator is a product of S&P Global Commodity Insights, drawing data from S&P Global, including power plant assets from S&P Global Commodity Insights, physical and climate risk datasets from S&P Global Sustainable1, and ownership data from S&P Global Market Intelli
While the global economy is in a more resilient state than in the 1970s to manage a significant oil price shock, the compounding impacts of these two conflicts could push global commodity markets into unprecedented territory.
The global economy is in a much better position than it was in the 1970s to cope with a major oil-price shock but an escalation of the latest conflict in the Middle East--which comes on top of disruptions caused by the Ukraine conflict--could push global commodity markets into uncharted w
S&P Global Commodity Insights said oil demand in India is expected to grow by 249,000 barrels per day in 2023, revised higher by 10,000 bpd from its last update.
India's crude oil imports from Russia have increased manifold in the past few months so as to secure the country's energy security. A large portion of India's energy demand is met through imports.
India's oil product demand during October increased month-on-month by 113,000 barrels per day, supported by an uptick in economic activities in the post-monsoon season and the Diwali festival, acoording to S&P Global Commodity Insights.
India is expected to raise matters such as climate finance for the developing world where per capita emissions are comparatively quite low against the developed world.
Hong Kong, October 19 (ANI): India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, says Fitch Ratings.
New Delhi [India], October 13 (ANI): India's September oil product demand was flat month on month but up on the year by 334,000 b/d on a weak base in the previous year, driven by diesel and petrol consumption, which were up by 179,000 barrels per day (b/d) and 65,000 b/d, respectively, a rep
New Delhi [India], August 17 (ANI): The recent decline of global commodity prices, easing of some of the global supply-chain problems and absence of demand-side pressures seem to indicate retail inflation is past the peak, financial advisory firm Anand Rathi said in a report.