India to become leading driver of oil demand growth – media ...News

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India to become leading driver of oil demand growth – media
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With the economy surging, New Delhi has been buying crude from whomever offers the lowest price, an Oilprice report notes India is set to overtake China as the single biggest driver of global oil demand growth by 2030, Oilprice reported on Wednesday, citing analysts and forecasters. India’s economy has seen “robust” growth over the past year, while China’s “has spluttered,” according to the outlet. India’s high GDP growth, as well as its increasing industrialization and urbanization, are among the factors Oilprice expects to propel the country to being the largest driver of incremental oil demand. India was one of

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