Analyst says India's (world's biggest) election will provide a boost to oil

Here is an interesting take on around 875 million Indians voting over the next three months to elect their PM

Says Bloomberg:

• Before they vote, they'll be courted by a slew of competing political parties -- a process that will boost fuel use … at a time when some refineries are closed for maintenance
• "The election, which coincides with scheduled maintenance, should see India pull imports of gasoil and gasoline and this usually adds to bullish sentiment," said WengInn Chin, a senior oil market analyst at Facts Global Energy in Singapore.
• expected to increase gasoline and diesel demand by as much as 80,000 barrels a day, he said.
• That will be in addition to the nation's already growing demand for gasoline and diesel, consumption of which grew by about 75,000 barrels a day and 100,000 barrels a day, respectively, in January.