This statistic outlines the demand for oil in India from 2013 to 2017, with projections until 2040. It is projected that the demand for oil in India in 2030 will be about 7.4 million barrels per day, which is double the demand for oil in 2013, at some 3.7 million barrels per day.

The Indian energy sector encompasses conventional sources such as coal, natural gas, oil as well as unconventional sources including solar, hydro and bio-waste. The south Asian country ranks third worldwide for primary energy consumption after China and the United States. The gigantic energy consumption could very likely have been the cause of increased demand that was reflected in the volume of crude oil imports across the country, which was approximated to be around 233.12 million metric tons during financial year 2024. The sectorThe oil and gas sector in the country is one of the eight core industries present and is a major influence on the other sectors that contribute to the economy as well. Increased demand needs to be met with sufficient supply. The refinery capacity of crude oil has been increasing over the years. The tug of war with the crude oil prices in the country also seems to be edging in favor of higher prices. The annual growth rate in the average price of crude oil was 25 percent lower in financial year 2021 compared with the previous year. Low on fuelThe depleting fossil fuel reserves have not helped the population in terms of prices of oil products. The production volume of onshore crude oil has declined gradually over the years. However, the climate agreements of Copenhagen and Paris might result in increased investments and clean energy installations, providing a possible solution for India’s deficiency in fuel sources.

By 2029, global oil demand is forecast to reach 112.3 million barrels per day. China is expected to account for 18.4 million barrels of daily oil demand while India is expected to account for 6.9 million barrels worth.

Crude Oil Market Outlook

As of 2023, the global crude oil market size was valued at approximately USD 1.3 trillion, and it is expected to reach USD 1.7 trillion by 2032, growing at a compound annual growth rate (CAGR) of 3.0% during the forecast period. The growth of this market is fueled by increasing demand in various industrial applications, coupled with advancements in extraction technologies that have made previously unrecoverable reserves accessible. Furthermore, the ongoing industrialization in emerging economies and the rising global energy demand are significant factors contributing to the market expansion. These factors are expected to consistently drive the crude oil market over the coming decade, despite growing environmental concerns and the push for renewable energy sources.

The primary growth factor for the crude oil market is the expanding global transportation sector, which remains heavily reliant on fossil fuels. As both personal and commercial transportation increases, so does the demand for crude oil, as it is the primary raw material for the production of fuels like gasoline, diesel, and aviation fuel. This is particularly evident in regions with burgeoning automotive markets and aviation sectors, where there is a continuous need to meet the energy requirements. Moreover, the development of infrastructure in developing countries is further bolstering the consumption of crude oil, especially in sectors such as road and air transport, which are pivotal to economic progress.

Another significant factor contributing to the growth of the crude oil market is its broad application base across various industrial sectors. Crude oil is not only a vital energy source but also a critical input for numerous petrochemical products, which are integral to industries such as plastics, pharmaceuticals, and chemicals. The industrial demand for crude oil is expected to remain robust as these sectors continue to expand, driven by technological innovations and a growing global population. Additionally, the power generation sector still relies on crude oil, albeit to a lesser extent, maintaining a steady demand alongside the increasing share of renewable energy sources.

Technological advancements in extraction techniques like hydraulic fracturing and horizontal drilling have unlocked new reserves, contributing significantly to supply-side growth. These technologies have made it economically viable to extract oil from unconventional sources such as shale formations and deep-sea reserves. This has not only increased the global supply of crude oil but also enhanced the competitiveness of oil-producing countries, particularly the United States, which has emerged as a major player in the global market. As technology continues to evolve, it is expected to further streamline production processes, reduce costs, and open up new areas for exploration.

Regionally, the Asia Pacific region is projected to witness the highest growth in the crude oil market, driven by rapid industrialization and urbanization in countries like China and India. The region's demand for energy is skyrocketing, fueled by economic development and an increasing population. North America remains significant due to advancements in extraction technologies and substantial shale reserves. Meanwhile, the Middle East and Africa continue to hold strategic importance due to their vast conventional oil reserves. Europe and Latin America, while also important markets, are expected to grow at a more moderate pace as they balance energy needs with sustainability initiatives.

Type Analysis

The crude oil market is segmented by type into light, medium, and heavy crude oil. Light crude oil is highly sought after due to its high yield of valuable products such as gasoline and diesel upon refining. It is generally preferred by refineries because of its lower sulfur content and ease of processing, resulting in lower overall production costs. The demand for light crude oil is expected to remain strong as refineries continue to upgrade and optimize their processes to produce cleaner fuels. Moreover, the development of new refining technologies may further enhance the processing efficiency of light crude, sustaining its demand in the market.

Medium crude oil, characterized by its balanced sulfur content and density, serves as a versatile feedstock for refineries across the globe. Although not as easily processed as light crude, medium crude oil provides a good yield of both light and heavy petroleum products. Its market demand is also driven by the flexibility it offers refineries in terms of product output. In regions wit

The Indian Oil and Gas Industry offers a diverse range of products, including crude oil, refined petroleum products, natural gas, and petrochemicals. Crude oil is primarily used in refineries to produce gasoline, diesel, and other fuel products. Refined petroleum products are widely consumed in transportation, industrial, and residential sectors. Natural gas is gaining popularity as a cleaner fuel alternative and is used for power generation and industrial processes. Petrochemicals are used to manufacture plastics, fertilizers, and other essential products. Recent developments include: In March 2023, Indian Oil Corporation Ltd. announced that the company would invest USD 742 million in building a petrochemical complex at Paradip in the state of Odisha., In January 2022, Adani Total Gas Ltd (ATGL), a joint venture between the Adani Group and TotalEnergies, won licenses to expand its City Gas Distribution (CGD) network to 14 new geographical areas with an investment of USD 243 million.. Key drivers for this market are: 4., Increasing Investment in the Upstream Sector4.; Supportive Government Policies. Potential restraints include: 4., Increasing Demand to Diversify the Power Generation Mix by Introducing Renewable Energy Sources. Notable trends are: The Downstream Sector is Expected to Witness Significant Growth.

India Energy Balance: Secondary: Total Oil Products: Fuel oil: Demand data was reported at 3,706.361 Barrel th in Dec 2024. This records an increase from the previous number of 3,433.739 Barrel th for Nov 2024. India Energy Balance: Secondary: Total Oil Products: Fuel oil: Demand data is updated monthly, averaging 3,943.282 Barrel th from Jan 2002 (Median) to Dec 2024, with 276 observations. The data reached an all-time high of 8,340.935 Barrel th in Jan 2005 and a record low of 1,901.863 Barrel th in Apr 2020. India Energy Balance: Secondary: Total Oil Products: Fuel oil: Demand data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s India – Table IN.JODI.WDB: Energy Balance: Oil. Heavy residual oil/boiler oil, including bunker oil; Demand of Finished Products only. Demand of finished products: Deliveries or sales to the inland market (domestic consumption) plus Refinery Fuel plus International Marine and Aviation Bunkers. Demand for Other oil products includes direct use of Crude oil, NGL, and Other.

The Crude Petroleum Extraction industry in Europe can be volatile. Its performance largely hinges on global oil demand and prices, which in turn are impacted by geopolitical conditions and global economic activity. Most of Europe relies on imports for its crude oil and refined fuels, often from geopolitically unstable regions. Only Russia can count itself among the world’s largest oil producers, while Norway and the UK are the main beneficiaries of oil reserves in the North Sea. The industry’s performance is heavily weighted towards oil production activities in these countries, with Russia’s invasion of Ukraine spurring a shift in Europe’s oil landscape. Revenue is forecast to decline at a compound annual rate of 5.6% to €236.1 billion over the five years through 2024. Revenue dropped during the pandemic, as tumbling oil prices were compounded by reduced global demand for oil. This was followed by a strong recovery in the following years, as a post-pandemic rebound in demand for oil led to a surge in prices. Russia’s invasion of Ukraine led to a further spike in prices in the following year, bolstering returns on investment. The lure of sky-high margins purred increased exploration activity in 2022, while Russia was able to redirect most of its oil exports to China and India in response to Western sanctions. Europe’s oil landscape continues to shift as nations seek to wean themselves off of Russian fossil fuels, with Norway looking like the main beneficiary of the change in dynamics. Revenue is forecast to drop by 21.7% in 2024. Over the five years through 2029, revenue is forecast to climb at a compound annual rate of 5.4% to reach €306.7 billion. As geopolitical tensions persist, the potential for significant fluctuation in prices remains. However, as Europe continues to wean itself off Russian fossil fuels, there's an expectation of easing oil prices. By 2027, the EU aims to be completely free from Russian fossil fuels – a move that would open up opportunities for other oil producing nations, while placing pressure on Russia to continue to find alternative buyers of its oil. Ambitious decarbonisation targets threaten to contribute to a downward trend in oil consumption, weighing on long-term growth prospects.

Projected oil demand in Asia-Pacific is the highest in the world, at 36.7 million barrels daily in 2020, followed closely by the Americas. Overall global oil consumption is expected to increase in 2020 and has been rising steadily throughout the past two decades.

Countries with high consumption

The United States consumes the most petroleum of any country in the world, and is the driving factor behind the Americas ranking as the region with second-highest petroleum consumption. Brazil and Canada are also among the ten largest petroleum consumers, but on a much smaller scale than the United States. China is the second-largest consumer in the world, followed by India and Japan, making Asia-Pacific the highest consuming region overall.

Largest oil importers

Though Europe consumes about half as much oil as Asia-Pacific or the Americas, the region is the largest importer of oil worldwide. As resources in the North Sea have depleted, oil production in the European Union has declined significantly over the past two decades. Among E.U. countries, Germany has the highest oil consumption.

The global light crude oil market is experiencing robust growth, driven by increasing global energy demand and the continued reliance on petroleum-based products across various sectors. While precise figures for market size and CAGR are not provided, we can extrapolate reasonable estimations based on industry trends. Considering the significant role light crude oil plays in the energy mix, and factoring in projected growth in transportation, industrial production, and agricultural activities, a conservative estimate would place the 2025 market size at approximately $500 billion USD. Assuming a moderate, yet sustainable, CAGR of 3% over the forecast period (2025-2033), the market is poised to surpass $700 billion USD by 2033. Key drivers include expanding economies, particularly in developing nations, which are experiencing rapid industrialization and urbanization, fueling energy consumption. The increasing adoption of light crude oil in diverse applications, like transportation (cars, trucks, and airplanes), mining operations (heavy machinery), and agriculture (fertilizers and pesticides), also contributes significantly to market growth. However, growing environmental concerns regarding carbon emissions and increasing government regulations aimed at promoting renewable energy sources represent key restraints. The market segmentation reveals the significance of the "Very Light Oils" type within the broader light crude oil sector, and the automotive industry as a dominant application segment. The competitive landscape includes both major international oil companies like Hess, ConocoPhillips, and BP, alongside national and regional players. Geographical distribution showcases North America as a key region, owing to its substantial oil reserves and production capacity. However, the Asia-Pacific region, particularly China and India, is expected to exhibit the highest growth rates due to burgeoning energy demand fueled by economic expansion and population growth. Europe, while mature in terms of oil consumption, continues to play a significant role, influenced by its established industrial base and transportation networks. Strategic alliances, technological advancements in extraction and refining, and the ongoing shift towards more sustainable energy practices will shape the market's evolution in the coming years, creating both opportunities and challenges for market participants. Fluctuations in global oil prices will remain a key factor impacting overall market performance. This in-depth report provides a comprehensive overview of the global light crude oil market, analyzing its current state, future trends, and key players. We delve into production, consumption patterns, pricing dynamics, and the impact of geopolitical factors. This report is essential for businesses involved in oil exploration, refining, transportation, and distribution, as well as investors seeking insights into this critical energy sector.

The Crude Petroleum Extraction industry in Europe can be volatile. Its performance largely hinges on global oil demand and prices, which in turn are impacted by geopolitical conditions and global economic activity. Most of Europe relies on imports for its crude oil and refined fuels, often from geopolitically unstable regions. Only Russia can count itself among the world’s largest oil producers, while Norway and the UK are the main beneficiaries of oil reserves in the North Sea. The industry’s performance is heavily weighted towards oil production activities in these countries, with Russia’s invasion of Ukraine spurring a shift in Europe’s oil landscape. Revenue is forecast to decline at a compound annual rate of 5.6% to €236.1 billion over the five years through 2024. Revenue dropped during the pandemic, as tumbling oil prices were compounded by reduced global demand for oil. This was followed by a strong recovery in the following years, as a post-pandemic rebound in demand for oil led to a surge in prices. Russia’s invasion of Ukraine led to a further spike in prices in the following year, bolstering returns on investment. The lure of sky-high margins purred increased exploration activity in 2022, while Russia was able to redirect most of its oil exports to China and India in response to Western sanctions. Europe’s oil landscape continues to shift as nations seek to wean themselves off of Russian fossil fuels, with Norway looking like the main beneficiary of the change in dynamics. Revenue is forecast to drop by 21.7% in 2024. Over the five years through 2029, revenue is forecast to climb at a compound annual rate of 5.4% to reach €306.7 billion. As geopolitical tensions persist, the potential for significant fluctuation in prices remains. However, as Europe continues to wean itself off Russian fossil fuels, there's an expectation of easing oil prices. By 2027, the EU aims to be completely free from Russian fossil fuels – a move that would open up opportunities for other oil producing nations, while placing pressure on Russia to continue to find alternative buyers of its oil. Ambitious decarbonisation targets threaten to contribute to a downward trend in oil consumption, weighing on long-term growth prospects.

Petroleum Pdt Consumption: Others: States data was reported at 15,880.000 Ton th in 2018. This records an increase from the previous number of 13,759.000 Ton th for 2017. Petroleum Pdt Consumption: Others: States data is updated yearly, averaging 6,864.000 Ton th from Mar 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 15,880.000 Ton th in 2018 and a record low of 1,768.000 Ton th in 2004. Petroleum Pdt Consumption: Others: States data remains active status in CEIC and is reported by Ministry of Petroleum and Natural Gas. The data is categorized under Global Database’s India – Table IN.RBH001: Petroleum: Consumption.

Petroleum Pdt Consumption: ATF: Union Territories data was reported at 1,993.000 Ton th in 2018. This records an increase from the previous number of 1,783.000 Ton th for 2017. Petroleum Pdt Consumption: ATF: Union Territories data is updated yearly, averaging 1,200.000 Ton th from Mar 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 1,993.000 Ton th in 2018 and a record low of 113.000 Ton th in 2013. Petroleum Pdt Consumption: ATF: Union Territories data remains active status in CEIC and is reported by Ministry of Petroleum and Natural Gas. The data is categorized under Global Database’s India – Table IN.RBH001: Petroleum: Consumption.

Market Overview and Growth Dynamics: The global crude oil carrier market is projected to reach $263.73 billion by 2033, exhibiting a CAGR of 3.66% from 2025 to 2033. The market's growth is driven by increasing global crude oil demand, expanding oil exploration and production activities, and rising trade volumes between oil-producing and consuming regions. Key market trends include the adoption of fuel-efficient and environment-friendly vessels, the development of larger and more efficient oil tankers, and the growing importance of digitalization in vessel operations. Competitive Landscape and Regional Insights: The crude oil carrier market is highly fragmented with a large number of regional and global players. Major companies include Teekay Corporation, Frontline, Shipping Corporation of India, Tsakos Energy Navigation Limited, and Maersk Tankers. Key segments of the market include deposit control, antioxidant corrosion, corrosion inhibitors, diesel, gasoline, aviation turbine fuel, North America, Europe, Asia Pacific, and the Middle East & Africa. The Asia Pacific region is expected to witness significant growth due to the increasing demand for oil in emerging economies like China and India. The Middle East & Africa region also holds potential due to its vast oil reserves and growing trade with Asian countries. Recent developments include: In December 2019,At the 2018 Lloyd's List Awards, held at the Hilton Park Lane in London, AET Group was named Tanker Operator of the Year. This honour is the first of its kind on an international scale, and it is attributed to the staff's devotion, enthusiasm, and tenacity both at sea and on land., In May 2019,Teekay Offshore, a well-known company, announced a new $ 100 million revolving credit facility for the Voyageur Spirit, Piranema Spirit, and Petrojarl Varg FPSO units in collaboration with LP, a renowned worldwide midstream services provider., In June 2019,China launched the world's first smart crude oil carrier, New Journey, with a capacity of 2.257 million barrels. It was recently transferred to China Merchant Energy Shipping Co in Dalian. Autopilot navigation, intelligent liquefied cargo management, equipment operation and maintenance, complete energy efficiency management, and integrated ship-to-shore communication are all included in this ship.. Notable trends are: Demand for crude oil will drive market growth..

Petroleum Pdt Consumption: LSHS & HHS: Union Territories data was reported at 8.100 Ton th in 2018. This records an increase from the previous number of 2.000 Ton th for 2017. Petroleum Pdt Consumption: LSHS & HHS: Union Territories data is updated yearly, averaging 12.500 Ton th from Mar 2000 (Median) to 2018, with 18 observations. The data reached an all-time high of 51.000 Ton th in 2001 and a record low of 0.000 Ton th in 2013. Petroleum Pdt Consumption: LSHS & HHS: Union Territories data remains active status in CEIC and is reported by Ministry of Petroleum and Natural Gas. The data is categorized under Global Database’s India – Table IN.RBH001: Petroleum: Consumption.

The global drag reducing agent (DRA) market for crude oil is expected to reach USD XX million by 2033, exhibiting a CAGR of XX% over the forecast period of 2023-2033. The increasing demand for crude oil transportation and the stringent regulations on greenhouse gas emissions are the primary driving forces behind this growth. DRAs effectively reduce the frictional resistance between the crude oil and pipeline walls, leading to significant energy savings and reduced carbon emissions during transportation. Key market players include Baker Hughes, Flowchem, Innospec, Lubrizol Specialty Products Inc., NuGenTec, Oil Flux Americas, Superchem Technology, The Zoranoc Oilfield Chemical, and China National Petroleum Corporation. These companies focus on research and development, strategic acquisitions, and collaboration to enhance their product offerings and expand their market presence. The Asia Pacific region is projected to witness significant growth due to the increasing crude oil production and consumption in countries such as China, India, and Japan. The Middle East & Africa region also holds a substantial market share, driven by the presence of major oil-producing countries.

India Energy Balance: Secondary: Total Oil Products: Liquefied Petroleum Gases: Demand data was reported at 5,261.793 kl th in Jan 2025. This records an increase from the previous number of 5,145.235 kl th for Dec 2024. India Energy Balance: Secondary: Total Oil Products: Liquefied Petroleum Gases: Demand data is updated monthly, averaging 2,499.537 kl th from Jan 2002 (Median) to Jan 2025, with 277 observations. The data reached an all-time high of 5,261.793 kl th in Jan 2025 and a record low of 1,132.285 kl th in Apr 2002. India Energy Balance: Secondary: Total Oil Products: Liquefied Petroleum Gases: Demand data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s India – Table IN.JODI.WDB: Energy Balance: Oil. Comprises propane and butane; Demand of Finished Products only. Demand of finished products: Deliveries or sales to the inland market (domestic consumption) plus Refinery Fuel plus International Marine and Aviation Bunkers. Demand for Other oil products includes direct use of Crude oil, NGL, and Other.

Blown Oil Base Oil Market Outlook

The global Blown Oil Base Oil market size was valued at approximately USD 2.5 billion in 2023, and it is projected to reach around USD 4.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.8% during the forecast period. One of the key factors driving this growth is the increasing demand for high-performance lubricants and industrial oils across various sectors such as automotive, industrial, and energy.

The growth of the automotive industry, with its continuous demand for efficient and advanced lubricants, significantly contributes to the expansion of the Blown Oil Base Oil market. The rising number of vehicles globally, particularly in emerging economies, leads to increased consumption of automotive lubricants, which in turn drives the demand for blown oil base oils. Additionally, the automotive industry's shift towards electric vehicles (EVs) also necessitates specialized lubricants, further fueling market growth.

Another major growth factor is the industrial sector's increasing focus on enhancing operational efficiency and reducing machinery downtime. Blown oil base oils are extensively used in industrial applications due to their superior thermal stability, oxidation resistance, and high viscosity index. These properties make them ideal for use in high-temperature and high-load environments, ensuring the smooth and efficient operation of industrial machinery. Furthermore, the ongoing industrialization in developing regions is expected to boost the demand for blown oil base oils in the coming years.

The marine and aviation sectors also contribute significantly to the growth of the blown oil base oil market. The need for high-performance lubricants that can withstand extreme conditions and provide reliable performance in marine vessels and aircraft is driving the demand for blown oil base oils. Moreover, the increasing globalization and trade activities, leading to higher marine and aviation traffic, are expected to further propel the market's expansion. The stringent regulations regarding emissions and environmental protection in these sectors also encourage the use of advanced lubricants, promoting market growth.

Regionally, North America and Europe are expected to hold significant shares of the blown oil base oil market due to the presence of established automotive and industrial sectors. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, driven by rapid industrialization, urbanization, and increasing automotive production in countries like China and India. The growing focus on energy efficiency and sustainability in this region also supports the market's expansion.

Product Type Analysis

The Blown Oil Base Oil market is segmented into Mineral Oil, Synthetic Oil, and Bio-based Oil. Each of these product types has distinct characteristics and applications, catering to different sectors' specific needs. Mineral oil, derived from refined crude oil, is the most traditional and widely used type of base oil. It offers a cost-effective solution for various lubrication needs across automotive and industrial applications. Despite its widespread use, mineral oil faces challenges in terms of environmental sustainability and performance under extreme conditions, which limits its growth potential in certain high-demand applications.

Synthetic oil, on the other hand, is formulated through chemical synthesis to provide superior performance characteristics. It is highly favored in applications requiring excellent thermal stability, oxidation resistance, and low-temperature performance. The automotive industry, in particular, is a significant consumer of synthetic oil, given its ability to enhance engine efficiency and longevity. As automotive technologies advance and the demand for high-performance vehicles increases, the synthetic oil segment is expected to witness substantial growth. Additionally, synthetic oils are increasingly used in industrial lubricants for heavy machinery and equipment, further driving the segment's expansion.

Bio-based oil represents the most environmentally friendly option within the blown oil base oil market. Derived from renewable sources such as vegetable oils, bio-based oils are gaining traction due to the increasing focus on sustainability and green initiatives. These oils provide comparable performance to synthetic oils while offering the added benefit of biodegradability and reduced environmental impact. The growing emphasis on reducing carbon footprints and a

The Crude Petroleum Extraction industry in Europe can be volatile. Its performance largely hinges on global oil demand and prices, which in turn are impacted by geopolitical conditions and global economic activity. Most of Europe relies on imports for its crude oil and refined fuels, often from geopolitically unstable regions. Only Russia can count itself among the world’s largest oil producers, while Norway and the UK are the main beneficiaries of oil reserves in the North Sea. The industry’s performance is heavily weighted towards oil production activities in these countries, with Russia’s invasion of Ukraine spurring a shift in Europe’s oil landscape. Revenue is forecast to decline at a compound annual rate of 5.6% to €236.1 billion over the five years through 2024. Revenue dropped during the pandemic, as tumbling oil prices were compounded by reduced global demand for oil. This was followed by a strong recovery in the following years, as a post-pandemic rebound in demand for oil led to a surge in prices. Russia’s invasion of Ukraine led to a further spike in prices in the following year, bolstering returns on investment. The lure of sky-high margins purred increased exploration activity in 2022, while Russia was able to redirect most of its oil exports to China and India in response to Western sanctions. Europe’s oil landscape continues to shift as nations seek to wean themselves off of Russian fossil fuels, with Norway looking like the main beneficiary of the change in dynamics. Revenue is forecast to drop by 21.7% in 2024. Over the five years through 2029, revenue is forecast to climb at a compound annual rate of 5.4% to reach €306.7 billion. As geopolitical tensions persist, the potential for significant fluctuation in prices remains. However, as Europe continues to wean itself off Russian fossil fuels, there's an expectation of easing oil prices. By 2027, the EU aims to be completely free from Russian fossil fuels – a move that would open up opportunities for other oil producing nations, while placing pressure on Russia to continue to find alternative buyers of its oil. Ambitious decarbonisation targets threaten to contribute to a downward trend in oil consumption, weighing on long-term growth prospects.

Petroleum Pdt Consumption: LDO: Union Territories data was reported at 7.000 Ton th in 2018. This records a decrease from the previous number of 27.000 Ton th for 2017. Petroleum Pdt Consumption: LDO: Union Territories data is updated yearly, averaging 22.000 Ton th from Mar 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 121.000 Ton th in 2000 and a record low of 0.000 Ton th in 2013. Petroleum Pdt Consumption: LDO: Union Territories data remains active status in CEIC and is reported by Ministry of Petroleum and Natural Gas. The data is categorized under Global Database’s India – Table IN.RBH001: Petroleum: Consumption.

India Energy Balance: Secondary: Total Oil Products: Naphtha: Demand data was reported at 8,500.140 Barrel th in Feb 2025. This records a decrease from the previous number of 10,237.590 Barrel th for Jan 2025. India Energy Balance: Secondary: Total Oil Products: Naphtha: Demand data is updated monthly, averaging 9,377.775 Barrel th from Jan 2009 (Median) to Feb 2025, with 194 observations. The data reached an all-time high of 12,367.080 Barrel th in Jan 2009 and a record low of 5,444.010 Barrel th in Dec 2011. India Energy Balance: Secondary: Total Oil Products: Naphtha: Demand data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s India – Table IN.JODI.WDB: Energy Balance: Oil. Comprises naphtha used as feedstocks for producing high octane gasoline and also as feedstock for the chemical/petrochemical industries; Demand of Finished Products only. Demand of finished products: Deliveries or sales to the inland market (domestic consumption) plus Refinery Fuel plus International Marine and Aviation Bunkers. Demand for Other oil products includes direct use of Crude oil, NGL, and Other.