The Future of Oil to 2050

While some may think that oil-related industries and stocks may be thwarted by ESG considerations like climate change and United States legislation as well as the growth of renewable energies as a power source, the future of oil isn’t bleak. In fact, our research indicates that oil demand is expected to reach peak growth levels in the 2030s before it starts to decline, which, even then, will happen gradually as many industry sectors will find it difficult or impossible to replace oil.

Morningstar’s special report on the future of oil through 2050 examines oil demand across industries, the factors that will support or hinder the future of the oil and gas industry, and oil demand forecasts per sector. With certain sectors more likely to be affected by us oil production than others, this report details how investors can navigate future oil trends when making long-term investment decisions.

Download the report today to understand how oil-related stocks can impact your portfolio returns.