India will be oil’s next big growth centre: S&P Global Platts

India will be oil’s next big growth centre: S&P Global Platts

Commodities price reporting agency S&P Global Platts has projected that India would become the next big growth centre for oil based on the fact that demand for most oil products hit record highs last year and the recent rising momentum of demand for cleaner cooking gas or LPG.

“For most of last year, demand has seen average of 10 per cent growth. Demand for most oil products hit record highs,” the Amercican agency said in a report. Read more

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