Page 14 - Oil Demand

Plastics, other petrochemical products to drive global oil demand to 2050

Oil demand for transport is expected to slow by 2050 due to the rise of electric vehicles and more efficient combustion engines, but that would be offset by rising demand for petrochemicals

Oil demand of Asia's troubled emerging markets to be down in 2019

Import-reliant economies are already aching under oil prices that have risen above $80 per barrel this week, the most since late 2014

Growing demand, low refining capacity: India imports more, exports less oil

India's oil import bill has shot up as global prices rise but export of processed crude has trailed

Southeast Asian oil demand to keep growing until 2040, says IEA

Southeast Asia will have to fork out more than $300-bn in 2040 for net energy imports

Global oil demand to rise 1.2 mn bpd in 2017 vs 1.8 mn bpd in 2016: IEA's Birol

IEA Executive Director Fatih Birol said he was expecting global oil markets to rebalance in the second half of next year

Still in rough seas

Without a strong global economic recovery, the maritime sector will find it tough to overcome the demand-supply mismatch.