Mumbai, Aug. 12 -- The US Energy Information Administration of EIA has stated in a latest monthly update that it expects India will increase its liquid fuels consumption by around 0.34 million b/d in 2027. It sees India's consumption at 5.62 million barrels per day (mbpd) in 2026 and at 5.97 mbpd in 2027. The current year's consumption shows a modest decline compared to 5.67 mbpd in 2025. India's liquid fuel output is seen at 0.99 mbpd in 2026 and is expected to rise to 1.02 mbpd next year.

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