Goldman Sachs raise their global oil demand forecast, see significant demand acceleration

Analysts at Goldman Sachs raised their global oil demand forecastsaid peak petroleum demand is at least a decade away sees significant demand acceleration until 2034estimate for 2030 demand increased by 2.5 million b/d to 108.5 million b/dmost of the global oil demand growth should come from Asian emerging marketsInfo via Dow Jones (gated) This article was written by Eamonn Sheridan at www.forexlive.com.

May 29, 2024 - 05:30
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Goldman Sachs raise their global oil demand forecast, see significant demand acceleration

Analysts at Goldman Sachs raised their global oil demand forecast

  • said peak petroleum demand is at least a decade away
  • sees significant demand acceleration until 2034
  • estimate for 2030 demand increased by 2.5 million b/d to 108.5 million b/d
  • most of the global oil demand growth should come from Asian emerging markets

Info via Dow Jones (gated) This article was written by Eamonn Sheridan at www.forexlive.com.

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