Global oil demand will fall

Traditionally, global oil demand will continue to grow. Demographic change and the demand from emerging markets will support the continued growth in global oil demand, which is the common view of the energy industry. But such a view is wrong, because now begun to replace petroleum gas (gas exploration commonly used hydraulic fracturing proppant  (fracking), namely, water power fracturing shales, thus releasing hidden in  unconventional gas ) , and introduced a number of key countries, aimed at improving the fuel efficiency of its provisions. Oil demand in the current decade highs reached equilibrium probability is much higher than the market may estimate.