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Petroleum demand supply India


Petroleum demand supply India

India's petroleum demand continues to rise, fueled by strong economic growth, industrial activity, and increasing vehicle usage. In FY 2024–25, demand surged by 4.6% to 233.3 million metric tonnes (MMT), with diesel and petrol leading consumption. Jet fuel demand also saw double-digit growth due to revived air travel. However, domestic crude oil production remained flat at 29.4 MMT, meeting just 12.3% of total needs. India imports around 87.7% of its crude requirements, making energy security a key priority. Investments in refining capacity and strategic global partnerships are crucial to balance the growing gap between petroleum demand and supply,
Petroleum demand supply, Indianpetroplus

#Petroleumdemandsupply
#Indianpetroplus

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Target State: All States
Target City : All Cities
Last Update : 15 May 2025 2:26 AM
Number of Views: 28
Item  Owner  : Indianpetroplus
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