# These Experts Think Oil Demand Won’t Peak Until 2035

Published 2019-06-24 · Updated 2026-03-19 · Energy on MarketScale
Canonical: https://www.marketscale.com/industries/energy/these-experts-think-oil-demand-wont-peak-until-2035

> Global oil demand is likely to keep rising for at least another 15 years before Asia’s fast growing economies catch up to the shift from hydrocarbons to electric power, a leading consultancy said on Monday. “At some point in the next 20 years, it’s likely we’re going to see oil demand peak. Our own view at Wood…

Global oil demand is likely to keep rising**** for at least another 15 years before Asia’s fast growing economies catch up to the shift from hydrocarbons to [electric power](http://edition.cnn.com/2019/06/07/business/toyota-electric-cars/index.html), a leading consultancy said on Monday.

“At some point in the next 20 years, it’s likely we’re going to see oil demand peak. Our own view at Wood Mackenzie, is around 2035, 2036,” Wood Mackenzie chairman Simon Flowers said in an interview with CNN Business.

[Read the full article.](https://www.cnn.com/2019/06/24/business/oil-demand-wood-mackenzie/index.html)

---
Source: MarketScale, https://www.marketscale.com/industries/energy/these-experts-think-oil-demand-wont-peak-until-2035. Published for AI indexing and citation; cite the canonical URL. Site guide for agents: https://www.marketscale.com/llms.txt