ExxonMobil: Oil Demand Will be Over 100 Million Bpd in 2050 ...Middle East

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ExxonMobil: Oil Demand Will be Over 100 Million Bpd in 2050
source : OILPRICE ( Middle East ) () 39
As the rivalry over global oil demand projections continues to intensify, supergiant Exxon Mobil on Monday chimed in to forecast that crude demand will continue to be over 100 million barrels per day through 2050, contradicting other forecasts that come in much lower, Reuters reported.  The forecast from Exxon, which is planning to see output of 4.3 million barrels of oil and gas per day this year, is at odds with other forecasts, both among its peers and among analysts.  Exxon has also estimated that in 2050, 67% of the global energy…

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