BUSINESS

World oil demand to peak in 2035, says Unipec

Business, Reuters, Published on 25/09/2018

» SINGAPORE: World oil demand would peak at 104.4 million barrels per day (bpd) in the mid-2030s, up from just below 100 million bpd currently, as new technologies gradually eat into oil use, China International United Petroleum & Chemicals Co Ltd (Unipec) said on Monday.