BP postpones oil demand peak prediction to 2030 from 2025
Core Viewpoint - BP expects global oil demand to grow until 2030, which is five years later than its previous forecast, highlighting a slowdown in efforts to enhance energy efficiency [1] Group 1 - BP's revised forecast indicates a longer timeline for growth in global oil demand, now projected to extend to 2030 [1] - The company emphasizes that the delay in the forecast is due to slowed efforts in increasing energy efficiency [1]