MARKETS

IEA presents two outlooks for oil

Demand could be 67MMbopd by 2040 under 'sustainable' policy outlook, driven by EVs

Oil demand could be 67MMbopd by 2040 under ‘sustainable’ policy outlook, driven by EVs

Its stated policies scenario suggests oil rise fast to 2025 "but growth slows to a crawl thereafter" and by 2040 demand will be 106 million barrels of oil per day. In the sustainable development...

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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.