IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs
Green Car Congress
APRIL 23, 2018
Current global total liquids oil demand growth is at similar levels to what was recorded during the 2003 to 2007 commodity super-cycle, referred to as the “golden age” of refining. Refined product demand growth has averaged 1.2 million barrels per day, per year, during the period.
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