Opec says India will be hooked on oil for years to come

Indian motorists will struggle to move away from gasoline- and diesel-powered cars over the next quarter of a century, suggesting the nation’s push toward as electric vehicles may not be a complete success, OPEC said.

Diesel and gasoline will make up 58% of India’s oil demand in the next 25 years, from 51% now, according to the latest long-term report from the Organization of Petroleum Exporting Countries. The addition of 200 million passenger and commercial vehicles mean the two fuels will continue to dominate oil consumption in the world’s third-biggest oil consuming nation, it said.