McKinsey: Cars, petrochemicals in oil-market ‘tug of war’

Demand for liquid hydrocarbons will become a “tug of war between growth the petrochemical sector and declining demand from passenger cars,” predict analysts at McKinsey & Co. in a report suggesting oil demand might peak in 2030.


Source: News

McKinsey: Cars, petrochemicals in oil-market ‘tug of war’

Demand for liquid hydrocarbons will become a “tug of war between growth the petrochemical sector and declining demand from passenger cars,” predict analysts at McKinsey & Co. in a report suggesting oil demand might peak in 2030.


Source: News