Oil Demand News - Latest Updates & Headlines
India poised to account for 25 pc of global growth in crude oil demand: Hardeep Puri
New Delhi, July 18: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said that despite global volatility, India accounted for 16 per cent of global growth in crude oil consumption and is projected to contribute 25 per cent of such growth over the next three decades.
World requires more energy in decades to come: OPEC Secretary-General
Vienna, July 10: Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), has affirmed that the world will need more energy in the coming decade and stressed the need to ensure oil supplies are delivered in a stable and secure manner.
Crude oil prices may rebound as supply stabilises, geopolitical tensions ease
New Delhi, July 5: Crude oil prices may see a recovery in the near term as positive signals emerge from the supply side and geopolitical tensions show signs of easing, experts said on Saturday.
S&P Global warns geopolitical tensions may hit global oil demand
New Delhi, June 30: The latest report by S&P Global highlights that geopolitical tensions and shifting trade policies could potentially have a negative impact on the global oil demand.
India to be key player in framing global energy dynamics: S&P Global Commodity Insights
New Delhi May 21: India is expected to play an integral role in global energy dynamics, as the country emerges as a source of energy demand optimism, overpowering the headwinds faced by the global oil markets, S&P Global Commodity Insights said on Wednesday.
India will drive global oil consumption growth: Phillip Capital
New Delhi, March 17: Despite increasing consumption in developing economies, global oil supply is anticipated to outpace demand growth and India is expected to be the major driver of consumption growth according to a report by Phillip Capital.
India's oil demand to peak later than in other major economies: S&P Global Commodity Insights
New Delhi, February 8: India's refined crude demand will peak later than in other major economies, placing the country in the spotlight driving this demand, according to S&P Global Commodity Insights.