OPEC sees India's oil demand rising 3.4% in 2025, double the pace of China

OPEC projects India’s oil demand to surge, outpacing China’s growth in 2025 and 2026, driven by a robust economy and government support. While the US remains the top consumer, India’s demand will rise significantly, fueled by transportation, manufacturing, and infrastructure projects. Diesel will be the primary driver, with crude imports hitting record highs, led by Russia as the top supplier.