India’s oil demand to surge by 3.39% in 2025, doubling China’s pace: Opec report

OPEC projects India to lead global oil demand growth in 2025 and 2026, significantly surpassing China. Driven by a robust economy and government support, India’s oil consumption is expected to rise to 5.74 million bpd in 2025 and 5.99 million bpd in 2026. Diesel and infrastructure expansion are key drivers, with Russia being the top crude oil supplier.