India’s oil demand is set to surge by over 68% to 9.1 million barrels per day by 2050, driven by robust economic growth, making it the fastest-growing energy market globally. BP forecasts natural gas consumption will also more than double. Fossil fuels will persist alongside renewables, with coal’s share varying significantly based on climate action.India’s oil demand is set to surge by over 68% to 9.1 million barrels per day by 2050, driven by robust economic growth, making it the fastest-growing energy market globally. BP forecasts natural gas consumption will also more than double. Fossil fuels will persist alongside renewables, with coal’s share varying significantly based on climate action.
