Major News and Events of 09 June 2016
What Happened on 09 June 2016
India becomes world's third largest oil consumer
Mexican President Enrique Pena Nieto has declared that his country is going to back India's attempt to get membership of Nuclear Suppliers Group (NSG). This announcement comes ahead of a plenary meet of the 48-nation grouping, members of which are allowed to trade in nuclear technology. Prime Minister Narendra Modi is in Mexico to hold discussions with his Mexican counterpart on a range of bilateral and global issues.
India has beat Japan in oil consumption and now ranks next only to US and China, according to a BP Statistical Review of World Energy release. While India's oil demand is 4.1 million barrels per day, leading consumer US' demand is 19.39 million bpd and China 11.96 million bpd). India's share in world's total oil consumption is 4.5 per cent.