India’s crude oil demand this year will continue to rise at the same rate it rose by in 2018, which made it the second-biggest driver of global demand growth, energy consultancy Wood Mackenzie has forecast. An Oilfield Technology report citing Wood Mac analyst Aman Verma noted in 2018 that India’s demand growth accounted for 14 percent of the global total, at 245,000 bpd year-on-year, making Asia’s third-largest economy second only to the United States and ahead of China in terms of oil demand. In 2018, India’s crude oil…
