Search For "oil demand"
India projected to drive global oil demand growth: International Energy Ag
Updated : 2 years, 1 month ago IST
The report forecasts that India will emerge as the largest source of global oil demand growth between now and 2030, signalling a significant shift in the dynamics of the global oil market.
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Oil's resilience: Defying decline amidst electric vehicle surge, global de
Updated : 2 years, 3 months ago IST
According to a report by Morgan Stanley, the dichotomy between the rise in electric vehicle purchases and increased oil demand challenges conventional expectations.
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India's October oil demand rises 1.6% MoM; 2023 annual growth revised: S&a
Updated : 2 years, 4 months ago IST
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.
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S&P Global Commodity Insights upwardly revises India daily fuel demand
Updated : 2 years, 5 months ago IST
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.
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OPEC sees global oil demand at 116 mb/d in 2045
Updated : 2 years, 5 months ago IST
The 17th edition of the flagship publication takes on board recent energy and economic-related developments, particularly related to the shifting dynamics around net zero policies, with many populations questioning the targets and the benefits, policymakers reevaluating their approach to ene
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Growth in global oil demand is set to slow significantly by 2028
Updated : 2 years, 9 months ago IST
New IEA medium-term report sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand. Growth in the world's demand for oil is set to slow almost to a halt in the coming years, with the high prices and securit
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India to soon overtake China as largest oil demand driver: IEA chief
Updated : 2 years, 9 months ago IST
Birol made this statement during a G20 event in New Delhi, emphasizing the "rapid growth of electrification in cars and buses in China as one of the reasons behind this projection," as reported by Reuters.
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India's October crude oil demand gets festive season boost: S&P Global
Updated : 3 years, 3 months ago IST
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.
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India will contribute 25 pc of growth in global energy consumption in comi
Updated : 3 years, 5 months ago IST
New Delhi [India], October 14 (ANI): Citing eastimates by the International Energy Agency (IEA), Union Minister of Petroleum and Natural Gas (MoPNG) Hardeep Singh Puri on Friday said India will contribute a quarter (25 per cent) of the growth in global energy consumption in the coming two de
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India may produce 25 per cent of its crude oil demand by 2030: Hardeep Pur
Updated : 3 years, 5 months ago IST
New Delhi [India], October 14 (ANI): India will be able to produce 25 per cent of its crude oil demand by 2030, Union Petroleum and Urban Affairs Minister Hardeep S Puri said on Friday.
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India's Sept oil demand remains robust, 2022 consumption on track: S&P
Updated : 3 years, 5 months ago IST
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
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Global crude oil demand continues to decelerate: IEA
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD region, global energy body International Energy Agency said in its latest report.
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