IEA forecasts global oil demand to peak before end of decade
BancaMarch: The International Energy Agency (IEA) expects global demand for crude oil to peak before the end of the decade. According to the agency, consumption of crude oil as a transport fuel will begin to decline from 2026, due to the rise of the electric car and other measures put in place. Nevertheless, the IEA forecasts a 6% growth in global oil demand between 2022 and 2028, reaching 105.7 million…