
Oil Consumption Slows Amid India’s Cooling Economic Momentum
Oil product consumption in India was 21.3 MMT in May, an increase of 5.7% m-o-m and 1.1% y-o-y. Among the major products, the strongest growth
Oil product consumption in India was 21.3 MMT in May, an increase of 5.7% m-o-m and 1.1% y-o-y. Among the major products, the strongest growth
Key Trends Shaping India’s Energy Sector Renewable Power Expansion: One of the strongest trends currently shaping India’s energy landscape is the expanding renewable power capacity.
India’s economy is estimated to have grown by 6.3% during FY 2024-25. World Bank’s estimate suggest that the economy is likely to expand by a
Surge in Consumption and LNG Imports In the first 11 months of FY2024-25, India’s natural gas consumption reached 66,976 million metric standard cubic meters (MMSCM),
Since the beginning of April , Brent crude price is down by 10% and WTI crude price is down by 11%. Below are the key
Petroleum Products Consumption in India Up by 4%, Y-o-Y, in 2024 The petroleum planning and analysis cell (PPAC) has released the consumption figures for 2024.