Sees global energy demand growing 37% over the next 20 years
- OPEC will exceed its historic record production levels by 2030
- US to be self-sufficient in crude by the 2030s, US shale output is expected to flatten out in the coming years, rising by ~3.0M bpd between 2013 and 2035
- North American production forecast to lead global supply growth until 2020, rising by 9M bpd by 2035
- Global demand for oil and other liquids such as biodiesel is projected to rise by around 19 million bpd to reach 111 million bpd in 2035