Number of the week

111

In a speech delivered at the Oil & Money conference, 19 October 2017, London, England, HE Mohammad Sanusi Barkindo, OPEC Secretary General said OPEC expects “demand to pass 100 mb/d in 2020 and to reach over 111 mb/d by 2040.  Let me stress that we see demand growing in every year of the Outlook.  There is no peak oil demand for the foreseeable future.”

Source: OPEC

 

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