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Commodities Briefing - Categorized | Market Moves, Oil more

India to pip Beijing in oil demand by 2020

Posted on 06 December 2013

India will overtake China by 2020 to become the largest source of global oil demand, the Paris-based International Energy Agency (IEA) predicted on Wednesday.
“China dominates the picture within Asia, before India takes over from 2020 as the principal engine of growth… The shifting geography of demand is further underlined by India becoming the largest single source of global oil demand growth after 2020,” IEA observed………………………………………..Full Article: Source


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