Regulation

Will the world come to need 12 million barrels of oil a day?

In a forecast, Jyske Bank predicts that the world will be hit by an oil shortage by 2030. A halt to new oil projects makes it worse.
Rising fuel prices in France in 2018 led to demonstrations and the "Yellow Vests" movement. | Photo: Jacob Ehrbahn
Rising fuel prices in France in 2018 led to demonstrations and the "Yellow Vests" movement. | Photo: Jacob Ehrbahn
by KIT LINDHARDT, DAG HOLMSTAD

Are the world and the global economy heading straight for an oil crisis within a few years because the supply of oil will not be enough to quench the thirst for fossil fuels?

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