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IEA: Global Oil Demand Approaching Its Peak

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Published:
Wed, Jun 14, 2023
Author
Tom Pepper, London
Editor
Andrew Kelly
Oil,Barrel,World,Map,Prices,Global,Demand
Oselote/Shutterstock

The International Energy Agency (IEA) said on Wednesday that peak oil demand is approaching and that annual growth in demand is "expected to shrivel" from 2.4 million barrels per day this year to just 0.4 million b/d by 2028.

Topics:
Oil Forecasts, Oil Demand, Oil Supply
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