The Future of Oil Demand: Reports of Its Death Have Been Greatly Exaggerated
The Future of Oil Demand: Reports of Its Death Have Been Greatly Exaggerated
Given all the discussion around achieving net zero carbon emissions by 2050, investors have become increasingly interested in what this means for the future of oil demand. This forecast aims to provide a high-quality base case, focusing on what Morningstar thinks will happen to oil rather than what is needed to bring about decarbonization or other goals.
What's Inside
What's Inside
- Long-term projections of oil demand through 2050
- Oil demand growth by detailed sector
- How notions around oil substitutes reaching cost parity and decarbonization policies can impact the future of oil