Over dependency on Middle East for oil may hit India hard

Over dependency on Middle East for oil may hit India hard

This refers to “Sensex falls 642 pts, Nifty ends at 10,818 on oil crisis and global tension” (September 18). India’s demand for crude is assessed at 8.2 million bbl/d by 2040, while domestic production will remain relatively flat at around 1 million bbl/d. This refers to “Sensex falls 642 pts, Nifty ends at 10,818 on oil crisis and global tension” (September 18). India’s demand for crude is assessed at 8.2 million bbl/d by 2040, while domestic production will remain relatively flat at around 1 million bbl/d.

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