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Global oil demand will peak at 105.6 million bpd in 2029, supported by lower gasoline prices and slow adoption of electric vehicles in the US.

Andreea Lificiu
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17 June 2025, 13:34
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The International Energy Agency report forecasts global oil demand rising to 105.6 million barrels per day by 2029, despite peaking in China in 2027. This is influenced by cheaper gasoline and slow adoption of electric vehicles in the US. Production capacity is also projected to increase to 114.7 million bpd by 2030. Geopolitical risks remain significant, especially in the context of the Israel-Iran conflict.

Sources

sursa imagine
Profit.ro
Cererea globală de petrol va continua să crească pe plan mondial până în 2030
sursa imagine
Financial Intelligence
Cererea globală de petrol va continua să crească pe plan mondial până în 2030 (IEA)
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Mediafax
Consumul de petrol la nivel global va scădea uşor în 2030, o premieră de la pandemie
sursa imagine
Profit.ro
Cererea globală de petrol va continua să crească pe plan mondial până în 2030
sursa imagine
Economica
Cererea globală de petrol va crește până la finalul deceniului - raport IEA - Economica.net
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Agerpres
Cererea globală de petrol va continua să crească pe plan mondial până în 2030 (IEA)

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NEWS ON THE SAME TOPICS

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International
OPEC has lowered its estimates for global oil demand growth in 2026, due to the impact of the war in the Middle East and the closure of the Strait of Hormuz.
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OPEC expects a smaller impact on oil consumption and forecasts a recovery in demand by the end of the year
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The CEO of Eni sees a possible increase in oil prices above current levels until the beginning of 2027
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OPEC rejects the IEA forecast regarding the oil surplus in 2027
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The price of oil rose on Tuesday, fueled by the intensification of conflicts in the Middle East and fears regarding global supply.
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Fatih Birol, the director of the IEA, warns that commercial oil reserves are rapidly depleting, but market participants are compensating for the supply-demand imbalance.
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