Home Business India Poised to Overtake China in Crude Oil Demand

India Poised to Overtake China in Crude Oil Demand

By
Business Editor - Nikhil Bhatt
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76
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This year, India’s crude oil demand is expected to grow faster than China’s. According to experts, if strategic stockpiling is excluded, India’s actual demand will surpass that of China. The main drivers of rising crude consumption in India are increasing urbanization, rising incomes, and improving lifestyles. The growing number of

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