Fuel Demand In India Is Soaring Despite Pandemic

India, the world’s third-largest oil importer and consumer, turned from the worst-performing demand market in July into one of the fastest-growing fuel demand markets in November, lending support to oil prices together with strong demand in China and progress with vaccine development and rollout.  India’s demand for all types of petroleum products has nearly reached pre-COVID levels, prompting domestic refineries to crank up crude oil processing rates.  The rebound in one of the world’s biggest oil growth drivers before…