Oil demand displaced by electric vehicles

Based on the current outlook, electric vehicles are set to displace a total of 5.4 mb/d of global oil demand by the end of the decade.

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APA

International Energy Agency. (2030). Amid rising geopolitical strains, oil markets face new uncertainties as the drivers of supply and demand growth shift. Retrieved September 15, 2026, from https://www.iea.org/news/amid-rising-geopolitical-strains-oil-markets-face-new-uncertainties-as-the-drivers-of-supply-and-demand-growth-shift. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T0A

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MLA

International Energy Agency. "Amid rising geopolitical strains, oil markets face new uncertainties as the drivers of supply and demand growth shift." 2030, https://www.iea.org/news/amid-rising-geopolitical-strains-oil-markets-face-new-uncertainties-as-the-drivers-of-supply-and-demand-growth-shift. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T0A.

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Chicago

International Energy Agency. "Amid rising geopolitical strains, oil markets face new uncertainties as the drivers of supply and demand growth shift." 2030. https://www.iea.org/news/amid-rising-geopolitical-strains-oil-markets-face-new-uncertainties-as-the-drivers-of-supply-and-demand-growth-shift. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T0A.

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BibTeX

@misc{iea2030demanddt9t0a, author = {{International Energy Agency}}, title = {Amid rising geopolitical strains, oil markets face new uncertainties as the drivers of supply and demand growth shift}, year = {2030}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T0A}, note = {Original source: https://www.iea.org/news/amid-rising-geopolitical-strains-oil-markets-face-new-uncertainties-as-the-drivers-of-supply-and-demand-growth-shift. Accessed September 15, 2026.} }

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Record last modified 15 September 2026. Value type: forecast. Update cadence: annual. This page is permanently addressable at statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T0A.