BR100 Decreased By (-0.88%)
BR30 Decreased By (-1.46%)
KSE100 Decreased By (-0.73%)
KSE30 Decreased By (-0.71%)
AGHA 6.65 Decreased By ▼ -0.03 (-0.45%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.10 Decreased By ▼ -1.22 (-2.13%)
BOP 30.06 Decreased By ▼ -0.29 (-0.96%)
CNERGY 12.92 Decreased By ▼ -0.20 (-1.52%)
CSIL 5.34 Decreased By ▼ -0.07 (-1.29%)
FCCL 52.00 Decreased By ▼ -0.79 (-1.5%)
FFL 14.47 Decreased By ▼ -0.25 (-1.7%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.11 Increased By ▲ 0.02 (0.33%)
KOSM 5.90 Increased By ▲ 0.17 (2.97%)
LOTCHEM 26.31 Decreased By ▼ -0.15 (-0.57%)
MLCF 91.15 Decreased By ▼ -2.01 (-2.16%)
NBP 163.89 Decreased By ▼ -0.77 (-0.47%)
NCPL 52.92 Decreased By ▼ -2.74 (-4.92%)
NPL 58.60 Decreased By ▼ -2.56 (-4.19%)
OGDC 313.70 Decreased By ▼ -3.03 (-0.96%)
PACE 9.80 Decreased By ▼ -0.07 (-0.71%)
PAEL 35.11 Decreased By ▼ -0.52 (-1.46%)
PIBTL 14.65 Decreased By ▼ -0.03 (-0.2%)
PPL 221.28 Decreased By ▼ -5.63 (-2.48%)
PRL 90.90 Decreased By ▼ -2.12 (-2.28%)
PTC 59.15 Decreased By ▼ -1.11 (-1.84%)
SSGC 23.24 Decreased By ▼ -0.57 (-2.39%)
TBL 8.74 Decreased By ▼ -0.01 (-0.11%)
TELE 7.62 Decreased By ▼ -0.18 (-2.31%)
TPL 22.00 Decreased By ▼ -0.35 (-1.57%)
TPLP 12.62 Decreased By ▼ -0.35 (-2.7%)
TREET 21.65 Decreased By ▼ -0.51 (-2.3%)
TRG 56.00 Decreased By ▼ -0.56 (-0.99%)
Markets

Global oil demand to rise despite push for renewables

Published Updated

RIYADH: Global oil demand is expected to grow by 45 percent by 2050 despite an international push for using more renewable sources of energy, Saudi Arabia's energy minister said on Tuesday.

Khalid al-Falih also told an investment conference in Riyadh that the kingdom, which is the world's biggest crude exporter, would remain a cornerstone of the global oil industry through state-owned Saudi Aramco.

 

 

Copyright Reuters, 2017
 

Comments

Comments are closed for this article.