Insight
The persistence of oil demand
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The coronavirus pandemic is prompting discussion whether or not oil demand will resume growing or, if patterns of daily life have changed in ways to shift away from oil use. As the global containment efforts ease, we expect demand growth to resume, but also expect the sense of urgency to reduce global carbon emissions to resurface. We have examined the components of oil demand growth to 2040 and found the same dilemma for the global community as before the pandemic. This Insight discusses the difficulty in repressing oil demand in the long term. Our spring Long Term Outlook will be released by end-May.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Global refinery closure threat update 2026 (full data access)
Which refineries are most at risk of closure? Could a biofuels transformation be a viable alternative to closure?
$20,000
Commodity Market Report
Macro oils short-term outlook: June 2023
OPEC extend production cuts, but market focus remains on pace of demand recovery
$2,000
Commodity Market Report
Macro oils short-term outlook: August 2023
Brent recovered during July, as Saudi Arabia and Russia announced an extension of their voluntary production cuts into September
$2,000
