{"id":565180,"date":"2023-03-24T10:14:07","date_gmt":"2023-03-24T04:44:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=565180"},"modified":"2023-03-24T10:16:24","modified_gmt":"2023-03-24T04:46:24","slug":"india-set-to-surpass-china-in-need-for-oil-as-growth-paths-diverge","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-set-to-surpass-china-in-need-for-oil-as-growth-paths-diverge\/","title":{"rendered":"India set to surpass China in need for oil as growth paths diverge"},"content":{"rendered":"<p>NEW DELHI: A change is on the horizon for oil demand, with India set to eclipse China as the most important driver of global growth \u2014 and potentially the last, as the world shifts to a greener future.<\/p>\n<p>A swelling population, which has likely already surpassed that of China, will help to underpin that growth along with consumption trends. India\u2019s transition from traditional gasoline and diesel-fueled transport is expected to lag other regions, whereas China\u2019s adoption of electric vehicles is skyrocketing.<\/p>\n<p>While India is unlikely to replicate the mammoth scale of China\u2019s expansive oil network \u2014 the nation\u2019s daily crude consumption is triple that of its neighbor \u2014 traders and producers looking to tap into diminishing global demand growth will be betting on the South Asian nation into the next decade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: A change is on the horizon for oil demand, with India set to eclipse China as the most important driver of global growth \u2014 and potentially the last, as the world shifts to a greener future. A swelling population, which has likely already surpassed that of China, will help to underpin that growth along with consumption trends. India\u2019s transition from traditional gasoline and diesel-fueled transport is expected to lag other regions, whereas China\u2019s adoption of electric vehicles is skyrocketing. While India is unlikely to replicate the mammoth scale of China\u2019s expansive oil network \u2014 the nation\u2019s daily crude [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-565180","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/565180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=565180"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/565180\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=565180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=565180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=565180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}