Moderator: Adam Sieminski
Speakers: Tim Gould, Marianne Kah, and Eirik Wærness
Global oil demand had historically been forecast to grow over the next two decades due to strong population and economic growth in developing nations and the rise of the middle class who can afford a more oil-intensive lifestyle.
Currently views of future oil demand growth range from the position that global oil demand has already peaked to the possibility of moderate growth through 2040.
There is currently tremendous uncertainty about the global oil demand trajectory given recent changes in the strength and timing of government climate policies and the advent of the COVID pandemic and its effects on travel and global economic growth.
This webinar looks at the range of possible trajectories for global oil demand and the underlying drivers responsible for the difference in views. It also addresses the market implications for these views.