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Why does the world think India is the next big growth center for oil?

With Sambit Mohanty

July 19, 2016 04:01:00 EST (3:51)

The International Energy Agency recently said India's thirst for oil will be a key factor driving global demand growth this year and next.


In this video, senior oil news and analysis editor Sambit Mohanty, examines India's appetite for oil and the factors contributing to the sub-continent's rising oil consumption, as well as the reasons to remain optimistic about India's growth story despite some signs of a demand slowdown in the past couple of months.

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