India’s Oil Demand Set for 4% Rise in Q4

India’s crude oil demand is about to add 4% during the final quarter of the year amid a festival season that also coincides with increased agricultural activity after the monsoon season. The forecast comes from S&P Global Commodity Insights, which said that it expected India’s fuel demand to rise by between 50,000 and 55,000 barrels daily of gasoline and diesel in the period between November and December. The pickup in demand follows depressed fuel consumption during the monsoon, as the rains affected transport and construction…