Oil Demand to Hit Plateau Around 2030 . by BloombergGrant SmithWednesday, November 13, 2019Tweet Global oil demand will hit a plateau around 2030, the International Energy Agency predicts. (Bloomberg) -- Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century, the International Energy Agency predicts. While the current growth rate of 1 million barrels a day -- or about 1% -- wi...