Oil and gas demand won’t peak for another 25 years with current policies
Published on 12/11/2025 01:01 PM
Oil and gas demand won’t peak for another 25 years with current policiesForecasts from the Paris-based IEA — established following the 1973 oil shock — are used globally as a benchmark by governments and energy companies for planning policy and investments.By Sriram Iyer November 12, 2025, 1:01:34 PM IST (Published)3 Min ReadIn the current policy scenario, oil demand is projected to rise to 113 million barrels per day by 2050, mainly due to its increased use in emerging markets and developing economies for road transport, petrochemical feedstocks, and aviation, according to the International Energy Agency's (IEA) World Energy Outlook report for 2025.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers