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The document discusses factors influencing the rising price of petrol in India, including the cost of crude oil, increased demand outpacing supply, and tax burden. It also notes that India has risen to third place in global oil demand behind the US and China, with its oil consumption linked to economic growth leading to increased demand and accounting for 20% of the incremental global oil growth since 2005. The document also briefly mentions import and export of petrol without providing details.
The document discusses factors influencing the rising price of petrol in India, including the cost of crude oil, increased demand outpacing supply, and tax burden. It also notes that India has risen to third place in global oil demand behind the US and China, with its oil consumption linked to economic growth leading to increased demand and accounting for 20% of the incremental global oil growth since 2005. The document also briefly mentions import and export of petrol without providing details.
The document discusses factors influencing the rising price of petrol in India, including the cost of crude oil, increased demand outpacing supply, and tax burden. It also notes that India has risen to third place in global oil demand behind the US and China, with its oil consumption linked to economic growth leading to increased demand and accounting for 20% of the incremental global oil growth since 2005. The document also briefly mentions import and export of petrol without providing details.