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 that oil demand could peak as soon as this year. In the new outlook, the UK-based oil and gas major says that under the Current Trajectory scenario, one of two scenarios reviewed, oil consumption will continue to grow over the rest of this decade, albeit at a declining rate, before edging back to around its current level by 2035. Demand growth will be…

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