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India, Africa to be major contributors to 112 million barrel/day of peak global crude oil demand in 2030: S&P
The global demand for crude oil is expected to see its peak in 2030 at 112 million barrels a day mark with India and Africa to be major contributors, according to S&P Global Commodity Insights. The current global demand of crude oil is at 103 million barrels per day, Pulkit Agarwal, head of India Content at S&P Global Commodity Insights, said on Thursday. The global demand for crude oil will peak to stay in the range of 112 million barrels a day in 2030.
The global demand for crude oil is expected to see its peak in 2030 at 112 million barrels a day mark with India and Africa to be major contributors, according to S&P Global Commodity Insights. The current global demand of crude oil is at 103 million barrels per day, Pulkit Agarwal, head of India Content at S&P Global Commodity Insights, said on Thursday. The global demand for crude oil will peak to stay in the range of 112 million barrels a day in 2030. 
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