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India is poised to replace China as the world’s center of oil-demand growth, according to authors of a study published by the Oxford Institute for Energy Studies. As growth of Chinese oil demand slows, India’s is increasing, note Amrita Sen, chief oil analyst of Energy Aspects, and Anupama Sen, senior research fellow at the Oxford Institute. India’s development has characteristics similar to those of China 10-15 years ago, the analysts say.

SOURCE: eia.gov
LINK TO THE SOURCE ARTICLE:
India seen setting oil-demand growth pace

 

 

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LINK TO THE SOURCE ARTICLE:
India seen setting oil-demand growth pace

 

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