1. Indian Oil Demand Impresses as Other Asian Giants Falter- India’s demand for oil has been one of the main success stories of this year, rising 5% on the year (or by some 240,000 b/d according to S&P Platts) as refineries churned out more than 100% of their capacity in January-June. - Government-sponsored infrastructure projects and a booming Indian economy have been boosting diesel sales, the most consumed fuel in the country and equivalent to 40% of India’s 5.
1 million b/d oil demand. - Whilst this quarter is set to see some…India's Oil Demand Is Soaring
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