RSS SubscribeVisualizing the Global Demand for Oil (2022-2045F)
From Elements – Visual Capitalist
Economists have been attempting to forecast the point of peak oil—the year when oil demand reaches its maximum level—since the 1970s. Despite increasing warnings regarding climate change, global demand has continued to rise over the last few years and could continue.
In this graphic, Visual Capitalist partnered with Range ETFs to explore the global oil demand and determine which region will demand the most in 2045.
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