Search results with tag "Oil demand"
Global oil outlook to 2040 - McKinsey & Company
www.mckinsey.comFeb 09, 2020 · Long-term oil demand is exposed to large variations across all scenarios New oil drilling is needed to meet demand by 2040 Even in an accelerated energy-transition scenario, we see need for new oil drilling by 2040 Liquid demand is likely to return to 2019 levels by late 2021 or early 2022. Slower demand recovery would be due to a slow vaccination
ELECTRIC VEHICLES AND THEIR IMPACT ON OIL DEMAND: …
energypolicy.columbia.eduhave even lower oil demand forecasts than would be expected from their high electric vehicle penetration rates. Their business-as-usual oil demand forecasts are likely starting from a signiÞcantly lower demand outlook. Global Economic Growth Figure 4 shows the range of global economic growth forecasts and the median of the forecasts.
Global Energy Perspective 2021 - McKinsey & Company
www.mckinsey.comOil-demand growth slows in the current decade . and peaks in the late 2020s, driven by the decline . in road transport and the impact of COVID-19. Demand in major markets, such as the United States and the European Union, has already peaked and shown gradual decline for more than a decade. Continued demand growth is driven by
OIL AND GAS FORECAST TO 2050 - OurEnergyPolicy
www.ourenergypolicy.orgDec 29, 2014 · Global refinery oil demand will reach a high by 2022 at only 2% above 2017 levels, followed by a 39% decline by 2050, due largely to significantly reduced transport sector oil demand. We expect greater focus in mature markets on producing cleaner, higher-grade transport fuels. Indian and Sub-Saharan Africa markets will likely concentrate