Seeking Alpha: India’s Growing Impact on Maritime Trade

23 March 2016: “Poten & Partners reported that ‘for 2106, Indian oil demand is forecast to grow by 300,000 b/d, while an additional 80,000 b/d will be added to the Strategic Petroleum Reserves. With domestic production reducing by 40,000 b/d, this will raise overall crude oil imports to above 4 mb/d.'”