Goldman Sachs follows in the footsteps of IEA: Postpones peak oil demand forecast to 2040.

According to the Securities Times APP, Goldman Sachs believes that due to strong energy demand, global oil demand growth will last longer than previously expected. Just a few days ago, the International Energy Agency (IEA) also changed its assertion that oil demand is about to peak. Analysts Yulia Grigsby and Daan Struyven pointed out in a report on Thursday that oil demand will increase from 103.5 million barrels per day in 2024 to 113 million barrels per day in 2040. The bank had predicted last year that oil demand would peak in 2034.