By Admin 
India oil import: The demand for oil in India is constantly increasing. According to a new report by OPEC, an organization of petroleum exporting countries, India is going to have the highest number of oil demands in the world in 2025 and 2026. This is more than doubled more than China. India is one of the fast growing economies in the world. The demand for energy is also increasing day by day. As a result, oil demand in India is estimated to increase from 5.55 million barrels per day (BPD) to 5.74 million BPD in 2024, which reflects a 3.39 percent lead.
America imports oil the most
According to the report of the news agency PTI, this increase is expected to continue in 2026, which will reach 5.99 million BPD, which shows an increase of 4.28 % in a year. In contrast, oil demand from China is estimated to increase only 1.5 % in 2025 and 1.25 percent in 2026. This shows that the highest consumption of oil in the world is being done in India.
Despite this, America is at the top among the highest number of oil. Its estimated demand in 2025 will be 20.5 million BPD, followed by China with 16.90 million BPD and 17.12 million BPD in 2026. In view of the rapidly increasing consumption of oil, India is third in this list. In 2025 and 2026, the demand for oil from the US is likely to increase a slight increase of 0.09 and 0.6 percent respectively.
India imports so much percent of oil
According to previous estimates by OPEC, oil demand is expected to increase by 1.3 million BPD in 2025 and 2026. OPEC said, India’s economy is moving fast. The current pace of strong economic development is expected to continue, which is inspired by consumer expenses, investment and government support for major sectors.
India currently imports more than 85 % of its crude oil requirement. After this, through refining, it is converted into fuels like petrol and diesel. OPEC reported that India’s crude oil imports in March reached a record high 5.4 million BPD, which shows an increase of more than 5 % in a month.
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