India is set to become the leader in global oil demand growth. By 2030, India’s demand will increase significantly. The country will add one million barrels per day. This growth is due to strong economic expansion. Global oil demand is expected to plateau by 2030. The IEA anticipates India to remain a fast-growing economy. Transport fuels will drive the demand.
India to lead global oil demand growth, add 1 mn bpd by 2030: IEA
