{"id":2839,"date":"2025-05-10T11:07:48","date_gmt":"2025-05-10T11:07:48","guid":{"rendered":"https:\/\/petrodaleel.com\/?page_id=2839"},"modified":"2025-05-13T07:55:26","modified_gmt":"2025-05-13T07:55:26","slug":"indias-q2-oil-demand-demonstrates-robust-potential-amid-concerns-over-tariffs-affecting-product-exporters","status":"publish","type":"page","link":"https:\/\/petrodaleel.com\/?page_id=2839","title":{"rendered":"India&#8217;s Q2 Oil Demand Demonstrates Robust Potential Amid Concerns Over Tariffs Affecting Product Exporters"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2839\" class=\"elementor elementor-2839\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5dba4cf5 e-con-full e-flex e-con e-parent\" data-id=\"5dba4cf5\" data-element_type=\"container\" data-e-type=\"container\" id=\"next\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3a7bac55 elementor-widget elementor-widget-heading\" data-id=\"3a7bac55\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">India's Q2 Oil Demand Demonstrates Robust Potential Amid Concerns Over Tariffs Affecting Product Exporters<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-36c2acfe elementor-widget elementor-widget-heading\" data-id=\"36c2acfe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">May 2025<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a99f748 e-flex e-con-boxed e-con e-parent\" data-id=\"a99f748\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f6678dd elementor-widget elementor-widget-text-editor\" data-id=\"f6678dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u2022 Demand seen growing 100,000 b\/d in April-June: Commodity Insights<\/p><p>\u2022 Trade uncertainty, tariffs to have spillover effect on product exports<\/p><p>\u2022 Platts Dated Brent to average $68\/b in 2025, against $81\/b in 2024<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4eb85c0 e-flex e-con-boxed e-con e-parent\" data-id=\"4eb85c0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1a3b578 elementor-widget elementor-widget-image\" data-id=\"1a3b578\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"451\" height=\"238\" src=\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/Untitled-2.jpg?fit=451%2C238&amp;ssl=1\" class=\"attachment-large size-large wp-image-2842\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/Untitled-2.jpg?w=451&amp;ssl=1 451w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/Untitled-2.jpg?resize=300%2C158&amp;ssl=1 300w\" sizes=\"(max-width: 451px) 100vw, 451px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-de52807 e-flex e-con-boxed e-con e-parent\" data-id=\"de52807\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1893c3d elementor-widget elementor-widget-text-editor\" data-id=\"1893c3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>India is anticipated to witness significant growth in oil product demand during the second quarter, attributed to seasonal influences such as the wedding season, summer travel, and agricultural activities. It is expected that oil demand will increase by over 100,000 barrels per day (b\/d) compared to the same period in the previous year. Specifically, diesel consumption is projected to rise by 70,000 b\/d, while gasoline demand is expected to exceed 55,000 b\/d.<\/p><p>In March, oil product demand demonstrated a notable increase of 9.3%, reaching 20.91 million metric tons (5.3 million b\/d). However, this figure represents a decline of 3.1% on a year-on-year basis. Month-over-month, diesel and gasoline demand experienced growth of 10% and 10.6%, respectively.<\/p><p>Despite these positive trends, global trade uncertainties may pose challenges to oil products, particularly diesel, due to potential tariffs and the implementation of new trade policies anticipated in the latter half of the year.<\/p><p>As the world&#8217;s third-largest crude oil importer, India meets over 85% of its domestic crude oil needs through international sources. For 2024, India\u2019s oil product demand is projected to grow by 3.9% year on year, reaching a total of 240 million metric tons, or 5.1 million b\/d, according to data from the Petroleum Planning and Analysis Cell.<\/p><p>Commodity Insights forecasts that the average Platts Dated Brent price will be $68 per barrel for the year under a preliminary base-case scenario, which represents a significant decrease from the average Platts Dated Brent price of $81 per barrel in 2024. This pricing trend is expected to extend into 2026.<\/p><p>Source: S&amp;P Global<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a2b6a10 e-flex e-con-boxed e-con e-parent\" data-id=\"a2b6a10\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-45f8576 elementor-widget elementor-widget-image\" data-id=\"45f8576\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"960\" src=\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/q.jpg?fit=768%2C960&amp;ssl=1\" class=\"attachment-medium_large size-medium_large wp-image-2843\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/q.jpg?w=1080&amp;ssl=1 1080w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/q.jpg?resize=240%2C300&amp;ssl=1 240w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/q.jpg?resize=819%2C1024&amp;ssl=1 819w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/q.jpg?resize=768%2C960&amp;ssl=1 768w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/q.jpg?resize=1024%2C1280&amp;ssl=1 1024w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/05\/q.jpg?resize=864%2C1080&amp;ssl=1 864w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>India&#8217;s Q2 Oil Demand Demonstrates Robust Potential Amid Concerns Over Tariffs Affecting Product Exporters May 2025 \u2022 Demand seen growing 100,000 b\/d in April-June: Commodity Insights \u2022 Trade uncertainty, tariffs to have spillover effect on product exports \u2022 Platts Dated Brent to average $68\/b in 2025, against $81\/b in 2024 India is anticipated to witness&hellip; <br \/> <a class=\"button small blue\" href=\"https:\/\/petrodaleel.com\/?page_id=2839\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2839","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India&#039;s Q2 Oil Demand Demonstrates Robust Potential Amid Concerns Over Tariffs Affecting Product Exporters - Petrodaleel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/petrodaleel.com\/?page_id=2839\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s Q2 Oil Demand Demonstrates Robust Potential Amid Concerns Over Tariffs Affecting Product Exporters - Petrodaleel\" \/>\n<meta property=\"og:description\" content=\"India&#8217;s Q2 Oil Demand Demonstrates Robust Potential Amid Concerns Over Tariffs Affecting Product Exporters May 2025 \u2022 Demand seen growing 100,000 b\/d in April-June: Commodity Insights \u2022 Trade uncertainty, tariffs to have spillover effect on product exports \u2022 Platts Dated Brent to average $68\/b in 2025, against $81\/b in 2024 India is anticipated to witness&hellip; 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