Enverus: Global Oil Demand Unlikely to Decline 15% By 2030 ...Middle East

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Last month, the International Energy Agency (IEA) published its annual World Energy Outlook, wherein it predicted that global demand for all fossil fuels will stop growing in the current decade while renewable energy would account for almost half of global power generation by 2030. According to the Paris-based energy watchdog, global oil demand would need to fall from the current clip of 103 million barrels per day to ~ 85 million barrels per day in 2030 for the world to be on pace to hit its net zero target by 2050. That works out to a decline…

Hence then, the article about enverus global oil demand unlikely to decline 15 by 2030 was published today ( Tuesday 12/11/2024 - 04:09 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 12 Nov 2024 clock 04:09 AM

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Enverus: Global Oil Demand Unlikely to Decline 15% By 2030 ...Middle East

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