Earlier this month, Fitch Solutions slashed its 2020 forecast for India’s oil demand growth to 3% from an earlier estimate of 5% because of weaker economic growth prospects in the coming quarters. The International Energy Agency, which expects the country to be the fastest-growing oil consumer through 2040, expects India’s demand growth to slow to 145,000 barrels a day in 2019 and recover to 180,000 barrels in 2020.
Showing posts with label Earlier. Show all posts
Showing posts with label Earlier. Show all posts
Saturday, December 21, 2019
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NEW DELHI
NEW DELHI: The Delhi high court on Friday asked Reliance Industries Ltd and British Gas to disclose their assets after the Centre sought to...
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NEW DELHI: The Delhi high court on Friday asked Reliance Industries Ltd and British Gas to disclose their assets after the Centre sought to...
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Slowing consumption growth reflects a widespread slump in demand for goods from cars to houses. India’s economic growth is at a six-year l...
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Earlier this month, Fitch Solutions slashed its 2020 forecast for India’s oil demand growth to 3% from an earlier estimate of 5% because of...