Mumbai, July 9 -- The US Energy Information Administration or EIA stated in a latest monthly update for July that India's liquid fuels consumption is likely to increase by 0.5 million b/d over the next two years. It sees India's total liquid fuels consumption at 5.65 million b/d in this year and at 5.94 million b/d next year compared to 5.47 million b/d in 2024. India's liquid fuels production is seen rising modestly to 0.98 million b/d in 2025 and 1.01 million b/d in 2026 compared to 0.95 million b/d in 2024.

Published by HT Digital Content Services with permission from Capital Market....