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Tag: OIL DEMAND

  • Rising use of plastics to drive oil demand to 2050 – IEA

    Rising use of plastics to drive oil demand to 2050 – IEA

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    by

    Kehinde Ajose
    in

    Plastics and other petrochemical products will drive global oil demand to 2050, offsetting slower consumption of motor fuel, the International Energy Agency (IEA) said on Friday.   In spite of government efforts to cut pollution and carbon emissions from oil and gas, the Vienna-based agency said it expected the rapid growth of emerging economies.  …