India's increasing oil demand attracting global players: S&P
The Free Press Journal|December 30, 2024
Rising fuel consumption is prompting India's refiners to accelerate expansion plans and widen crude sourcing

India is ending 2024 with its oil demand growth rate surpassing neighbouring China's, a trend expected to spill over to the next year, according to S&P Global Commodity Insights.

India has become one of the fastest-growing fuel consumption centres.

As per the global commodities information services provider, the increasing fuel consumption is prompting India's refiners to accelerate expansion plans and widen crude sourcing.

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