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Stock Strategist Industry Reports

We're Closer to the Bulls Than the Bears on Long-Term Oil Demand

Reports of the death of oil have been greatly exaggerated.

Given the discussion around achieving net-zero carbon emissions by 2050, many analysts are having a hard time forecasting oil demand. Rather than projecting a base case, most are simply throwing up their hands and instead electing to present a variety of scenarios.

That's the gap we aim to fill in our latest Energy Observer by providing a high-quality base-case forecast. We aim to address what we think will actually happen to oil, not what is needed to bring about decarbonization or other goals. (Morningstar Direct subscribers can access the full report here.)