Oil Demand Stays Strong Despite Electric Vehicles’ Surge

Newtelegraphng | 03-01-2025 07:20pm |

Despite record-breaking EV sales in China and Norway, global oil demand remains strong. While China’s EV market surges, its oil demand continues to grow modestly, but India is emerging as the primary driver of global oil demand. According to report by Irina Slav for oilprice.com, about a month ago, the World Bank predicted in a...The post Oil Demand Stays Strong Despite Electric Vehicles’ Surge appeared first on New Telegraph.

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