Explain the demand and supply of petroleum products in India.
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The Petroleum Conservation Research Association is an organization established in India in 1978, under the aegis of the Indian Ministry of Petroleum and Natural Gas that is engaged in promoting energy efficiency in various sectors of the economy
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The overall demand of fuel has grown at the rate of 5.30 percent that is almost 205 Million Ton (MT) for the 2017-18 financial year as compared to the 2016-2017 financial year as per the latest data declared by the statistical arm of the Ministry of Oil.
An agency named Petroleum Conservation Research Association was established in 1978 in India to promote the energy efficiency in the economy sectors.
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