IEA says peak oil demand is still far away

The International Energy Agency forecasts that oil demand will continue to grow during the next five years – demand that will first and foremost be supplied from US shale production, the agency reports.
Photo: /ritzau/AP/LM Otero
Photo: /ritzau/AP/LM Otero

There currently no signs of oil demand declining in the near future. Rather, demand will grow by an average of 1.2 barrels per day during the next five years, projects the International Energy Agency (IEA) in a new report.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now


Further reading