Sunday, January 5, 2025
Global oil demand to peak around 2040 or ‘much sooner,’ IMF says- oil and gas 360

Global oil demand to peak around 2040 or ‘much sooner,’ IMF says

CNBC Global oil demand will peak around 2040 – or “much sooner” – the International Monetary Fund (IMF) said in a new report on the future of oil. The IMF said that this could have a “significant” impact on oil-exporting countries, predominantly those in the Middle East whose existing financial wealth could be depleted in the next 15 years if