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  "documentTitle": "Global gas outlook to 2050",
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      "text": "After a steep decline due to COVID-19, oil demand has started to increase and is expected to reach pre-pandemic levels by 2023. However, peak demand is expected by 2030 in all scenarios.",
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      "text": "The extent to which growth in demand for chemicals and aviation will slow down will likely also play a decisive role. In chemicals, high oil prices and circularity ambitions may increase plastic recycling rates. In aviation, growth of both bio- and synfuels might further reduce the need for crude oil.",
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      "text": "Source: McKinsey Energy Solutions' Global Energy Perspective 2023",
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      "text": "These sectors account for >60% of the difference in the range of liquids demand in 2050",
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