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Asian refiners look for answers in petrochemicals as EVs threaten transport fuels' future

Oil Markets

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The Future of India's Oil Demand

India has been a bright spot for oil demand all these years. Many refineries are still bursting expansion. India will consume 40% more oil in 2035 than it does today. There's indeed a very visible trend to go aggressive on the petrochemical intensity, especially from the state-owned refiners.

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