India’s Oil Consumption Primed For Growth As Economy Thrives

The EIA recently published a global oil consumption data sheet that provided a clear picture of where the global oil economy is currently heading. The data revealed that although there had been a substantial oil consumption increase in the Middle East (led by Saudi Arabia), Asia (Led by China) and Oceania, the rest of the world which included Russia, other FSU countries, the U.S., Japan and Europe experienced a consistent decline in their oil consumption rates over the last decade.

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