New sources can exert a downward force on oil prices, even in times of heavy demand. Extraction costs are typically higher for new resources, meaning these oils are only competitive in lower-supply, ...
* Oil demand in India is projected to register a 2x growth to reach 11 million barrels per day by 2045. * Diesel demand in India is expected to double to 163 MT by 2029-30, with diesel and gasoline ...