ExxonMobil sees oil demand to rise long term 

OIL isn’t going anywhere according to ExxonMobil boss Darren Woods who told a conference this week the company sees oil demand growing at 0.6% a year over the longer term and gas demand at 1.3%. 

ExxonMobil sees oil demand to rise long term  ExxonMobil sees oil demand to rise long term  ExxonMobil sees oil demand to rise long term  ExxonMobil sees oil demand to rise long term  ExxonMobil sees oil demand to rise long term 

ExxonMobil boss sees oil demand rising

In real terms to meet demand new oil production need to increase by 8% a year and gas by 6% to offset depletion rates, he said.