India's oil demand grows fastest in 14 months in January
India's oil consumption increased at the fastest pace in 14 months in January to 16.9 million tons, according to data from the Oil Ministry. The oil demand rose 10.4% during the month, marking its fourth straight monthly gain. Diesel consumption gained 14.5% to 6.65 million tons, while petrol consumption rose 15.6% to 2.09 million tons.