India to overtake China as oil demand growth centre in 2027: IEA

The International Energy Agency (IEA) predicts that India will surpass China as the largest driver of global oil demand by 2027. During the India Energy Week, the IEA released a report projecting India’s oil demand to rise from 5.48 million barrels per day in 2023 to 6.64 million bpd in 2030.

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