20+% increase by 2015-2030 https://www.statista.com/statistics/547100/projected-base-oil-demand-globally/ https://www.statista.com/statistics/547100/projected-b

20+% increase by 2015-2030 https://www.statista.com/statistics/547100/projected-base-oil-demand-globally/ https://www.statista.com/statistics/547100/projected-base-oi... A more realistic assessment from Shell Oil is that oil demand continues to grow over the next 20 years, a view shared by rival BP and energy consultants like Wood Mackenzie. https://www.forbes.com/sites/daneberhart/2018/09/18/forecasts-of-peak-oil-demand-overstated/#e8b15c59b653 https://www.forbes.com/sites/daneberhart/2018/09/18/forecast... Long-term oil demand is expected to increase by 15.8 mb/d, rising from 95.4 mb/d in 2016 to 111.1 mb/d in 2040 https://www.opec.org/opec_web/flipbook/WOO2017/WOO2017/assets/common/downloads/WOO%202017.pdf https://www.opec.org/opec_web/flipbook/WOO2017/WOO2017/asset... (page 101)