Article 3GAZ4 Plastic bans worldwide will dent oil demand growth, says BP

Plastic bans worldwide will dent oil demand growth, says BP

by
Adam Vaughan
from on (#3GAZ4)

But oil giant expects demand for crude to grow and not peak until late 2030s

Bans around the world on single use plastic items such as carrier bags will dent growth in oil demand over the next two decades, according to BP.

However, the UK-headquartered oil and gas firm said it still expects the global hunger for crude to grow for years and not peak until the late 2030s.

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