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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (30918)6/13/2017 2:56:25 PM
From: Goose94Read Replies (1) of 203555
 
Crude Oil: India key to oil demand. India has been described as the largest source of future oil demand. India’s oil demand is expected to rise to 4.5 mb/d this year, an increase of about 200,000 bpd, which is equivalent to roughly 15 percent of the global increase. However, those figures are not assured, and the country’s long-term demand growth is not a given either, as the FT notes. India has launched an ambitious program to accelerate the adoption of electric vehicles, a program that could cut into demand growth. But critics question whether the objectives are realistic.
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