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India's crude oil demand to hit 500 million tonnes by 2040 - Indian Oil Corp

Reuters  |  SINGAPORE 

SINGAPORE (Reuters) - India's crude oil demand is forecast to grow to 500 million tonnes per year by 2040, Partha Ghosh, an executive director at Indian Oil Corp said on Tuesday.That would be equivalent to around 10 million barrels per day (bpd), up from about 4.7 million bpd in 2017. (Reporting by Koustav Samanta; Editing by Joseph Radford)(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, September 25 2018. 08:21 IST