Insight
India energy month in brief - Understanding India's oil demand surge
Report summary
In our every month-in-brief, we explore the latest developments and themes happening across India's upstream, downstream, gas, coal and power sectors. Latest figures suggest that India's oil demand went up by 405 kb/d in Q1 2016. In this edition, we look behind the various drivers that is fuelling the rapid growth. Besides the key fuels - diesel, gasoline and LPG, petroleum coke contributed 15% to the demand growth in FY 2016 (April 2015 - March 2016). More significantly, India's oil demand crossed 4 million barrels/day in Q1 2016. When China crossed the 4 million mark back in 1999, that marked the beginning of a decade long boom. We contrast the differences between the make-up of India's demand today and China's demand back then.
Table of contents
- Oil demand rose by 405 kb/d in Q1
- Will India's growing economy boost oil demand?
- Contrasting recent demand trend with China's take-off years
- Petcoke taking away coal demand from the cement sector
Tables and charts
This report includes 4 images and tables including:
- Year-on-year change in India's oil demand by product
- China's oil demand (1995-2015)
- India (2016) and China (1999) oil demand by product
- India petroleum coke supply-demand balance, 2015-18
What's included
This report contains:
Other reports you may be interested in
Insight
China gas and power month in brief: August 2016
While headline growth of gas demand was 2.3%, the real story was the dramatic drop in LNG imports and the strength of pipeline gas imports.
$950
Insight
China gas and power month in brief: May 2016
More positive news for Chinese gas demand with April's data showing further growth.
$950
Insight
China gas and power month in brief: April 2016
China sees strong gas demand growth in Q1 but the sector still faces uncertainties.
$950
