MARKETS

Indian oil demand to outpace China

INDIA will overtake China as the world’s biggest importer of crude oil and by 2035 it will represent one third of global demand growth, Wood Mackenzie says, but its refining capacity lags. 

Indian crude demand growth to outstrip refining capacity

Indian crude demand growth to outstrip refining capacity

        India's oil demand is going to outstrip its refining capacity with demand to grow by 3.5 million barrels per day to 2035 but refining capacity may expand by only 400,000bopd to 2023.  ...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.