1. TotalEnergies projects rising oil demand until 2040 due to energy security concerns. 2. Political fragmentation may hinder global emission reduction efforts.
The projection of rising oil demand suggests strong future revenue for TTE, similar to previous bullish trends in the oil sector when demand forecasts improved.
Rising global oil demand directly aligns with TTE's business model, significantly influencing potential revenue growth.
Demand projections extend to 2040, indicating sustained benefits for TTE over a significant period, reminiscent of past oil market cycles.