Five things to watch in 2019 for global metals industry: Wood Mackenzie

A report by Wood Mackenzie, the global research analyst firm has listed out five things to watch out for in the metals market in 2019. The success of China’s economic reform programme will have a strong influence on the metals market this year. On balance, fundamentals have improved, but geo-political concerns continue to dog the […]

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India set to overtake China to become the second largest oil consuming country: Wood Mackenzie Report

India will surpass China to become the second largest oil demand growth centre globally in 2019 on back of buoyant auto fuel and LPG consumption, research and consultancy group Wood Mackenzie said. In a report, Wood Mackenzie said India’s oil demand growth recovered strongly in 2018, overcoming the aftermath of the implementation of Goods and […]

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India needs expertise of international firms to meet crude oil production target – Wood Mackenzie

India needs foreign drillers on board to increase its crude oil production as it plans to reduce its dependence on imported oil, according to Wood Mackenzie, a leading energy research company. “Tthe world’s fastest-growing oil consumer needs to improve the recovery rates from its mature fields­—and for that it will need the expertise of foreign operators,” Bloomberg […]

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