Even with rapid growth in electric vehicles, oil demand will not collapse.
Just last year, the company had forecast demand would peak in the 2040s.
This year, the company also revised down its petrochemicals outlook because of plastics regulation.
Even with rapid growth in electric vehicles, oil demand will not collapse.
Just last year, the company had forecast demand would peak in the 2040s.
This year, the company also revised down its petrochemicals outlook because of plastics regulation.