Global crude oil demand to peak several years earlier than expected - in 2026

Global crude oil demand to peak several years earlier than expected - in 2026
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22.04.2021

MOSCOW (MRC) -- The rapid adoption of electric vehicles (EV) around the worldВ is likely toВ cause global oil demand to peak two years earlier than previously expected, reported Reuters with reference to Norway"s biggest independent energy consultancy Rystad.World demand is now seen peaking at 101.6 million barrels of oil per day (bpd) in 2026, down from a forecast made in November of a p

Full article at mrcplast.com

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