India's Role in Driving Global Oil Demand Growth Until 2035

 


India is poised to lead the world in oil demand growth, adding nearly 2 million barrels per day (bpd) until 2035, according to recent energy market projections. This surge in demand underscores India's rapid economic expansion, urbanization, and the increasing energy needs of its growing population.

Key sectors such as transportation, industrial production, and residential energy consumption are driving this upward trend. India’s ambitious infrastructure projects and expanding middle class further amplify the need for energy resources. While the global focus is shifting toward renewable energy, oil remains a critical component of India's energy mix to fuel its developmental goals.

As a result, India is expected to play a pivotal role in shaping global oil markets, influencing pricing, trade routes, and production strategies for decades to come.

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