Supply Shock to Slash India’s Oil Demand Growth to Pandemic Low

India's oil demand growth is expected to be the weakest since the pandemic, with analysts predicting a significant slowdown due to supply disruptions and elevated fuel prices. Reports from Kpler and Rystad Energy show substantial reductions in their estimates for gasoline and diesel demand growth this year, ranging from 30% to 90%. This shift could have broader economic implications, affecting everything from transportation to industrial activity as companies adjust to the new demand landscape. For a deeper dive, check out the full article on Oilprice.com.