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Crude Oil demand growth to 2030 to be the slowest among fuels: BP Energy Outlook

Posted on 18 January 2013

Crude Oil is expected to be the slowest growing of the major fuels to 2030, with demand growing at an average of just 0.8% a year, according to BP Energy Outlook 2030. Nonetheless, this will still result in demand for oil and other liquid fuels being 16 million barrels a day higher in 2030 than 2011, the report added.
All the net demand growth will come from outside the OECD – demand growth from China, India and the Middle East will together account for almost all of net demand growth………………………………………..Full Article: Source


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