MARKETS

Petrochemicals: the fastest-growing source of oil consumption

IEA says plastics demand will drive oil to 2050 as EVs take market share

IEA chief Fatih Birol says petrochemical sector is one of the blind spots of the global energy debate

Petrochemicals "are set to account for more than a third of the growth in oil demand to 2030, and nearly half to 2050, ahead of trucks, aviation and shipping," the agency said in a report released Friday. ...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.