India's oil demand to rise at fastest pace: Opec

India's oil demand will rise by the fastest pace globally this year and the next even as its economic expansion has slowed down, oil producers cartel Opec said on Wednesday. In its monthly world oil demand report, Opec said that India's oil demand is projected to rise by 3.21 per cent to 4.88 million barrels per day (mb/d) in 2019 from 4.73 mb/d in the previous year. In 2020, it will further rise by 3.36 per cent to 5.05 mb/d.

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