Rising consumption in emerging markets, sluggish energy efficiency gains, geopolitical tensions and the persisting use of petrochemicals all point to peak demand in 2030 at the earliest, the oil giant ...

Global oil demand is set to rise through 2030 amid weaker-than-expected efficiency gains, BP said on Thursday in its 2025 Energy Outlook, in which the supermajor ditches its forecast from last year ...

BP posted better-than-expected profit despite a weaker contribution from its oil trading division, and increased its expectations for full-year divestment proceeds as it continues with its turnaround ...

BP Plc said that oil demand is going to keep growing for the rest of this decade, rowing back on its prior projection that the high point could come as soon as this year. Rising consumption in ...