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
Cracking China's oil demand
China's oil demand plateau through 2030 reflects transport electrification offsetting petrochemical growth, creating market uncertainty.
$1,350
Insight
Contrasting Futures: Japan vs South Korea in Refining and Chemicals
Parallel challenges, divergent outcomes — the strategies shaping Japan and South Korea refining and chemical sectors
$900
Insight
Delayed Energy Transition Oils: A Crude Awakening?
Wood Mackenzie’s Delayed Energy Transition scenario: what does it means for oil and refining
$1,350
