New Delhi: India’s oil demand is projected to jump 8.2 per cent to 5.15 million barrels per day in 2022 as the economy continues to rebound from the devastation caused by the pandemic. The Organization of Petroleum Exporting Countries (OPEC) in its latest monthly oil market report projected the world’s third-biggest energy consumer to add […]
"Fresh surge in Covid cases, consequent lockdowns and slow rollout of vaccines, especially in Europe, are likely to delay demand recovery to pre-Covid levels," ICICI Securities report said