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Oil’s extended reign? Adapting to a new era in oil markets

Goldman Sachs Exchanges

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Global Electric Vehicle Sales Forecast and Oil Demand Growth Predictions

The chapter explores the increasing global sales of electric vehicles, with a forecast indicating a significant surge by 2030. It also delves into the slowdown of EV sales in the US and Europe, China's impact on EV penetration and oil demand growth, India's potential to offset declines, and predictions of peak oil demand with uncertainties in crude oil production.

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