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.
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
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Total gets green light for North Sea acquisition
For subscribers
