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OPEC trims oil demand for next four years
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Oil demand growth will plateau at 105.6 million barrels per day (bpd) by 2029, the Paris-based IEA said in an annual report, before contracting slightly in 2030 as electric car use rises ...
The IEA’s annual report, released in Paris, forecasts that global oil demand will reach its highest point at 105.6 million barrels per day by 2029, followed by a slight decline in 2030.
The International Energy Agency forecasts global oil demand to peak at 105.6 million bpd by 2029, driven by continued U.S. consumption despite China’s early decline due to EV adoption.
Growth in global oil supply expected to far outpace demand in coming years as EV sales rapidly eat into ... Oil markets face 'fundamental transformation' with demand set to peak in 2029.
Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, ... The world’s second-largest economy is set to see its oil consumption peak in ...
Financial services provider UBS Securities recently predicted a peak in Chinese petroleum demand by 2029 and negative growth after 2030. Notably, China's gasoline and diesel demand, two ...
Financial services provider UBS Securities recently predicted a peak in Chinese petroleum demand by 2029 and negative growth after 2030. Notably, China's gasoline and diesel demand, two ...
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