India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which consistently led global oil consumption growth from 1998 to 2023, according to the US ...

India has emerged as the top contributor to expected global oil consumption growth, accounting for 25% of the increase for 2024 and 2025, according to the US Energy Information Agency (EIA)’s latest ...

The EIA reduced its 2025 oil demand growth forecast due to weaker economic projections in developed countries. This revision is expected to lead to lower Brent crude oil prices in 2025. Non-OECD ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Each year, the Statistical Review of World Energy offers ...