OPEC acknowledges ‘peak oil demand’ narrative in unexpected change of view

OPEC Acknowledges ‘Peak Oil Demand’ Narrative in Unexpected Change of View

The Organisation of Petroleum Exporting Countries (OPEC) finally recognizing that global oil consumption will not continue growing forever is part of a growing chorus of gloom about the long-term outlook for oil, says GlobalData’s MEED. Indrajit Sen, Oil & Gas Editor at GlobalData’s MEED, comments: “The principle dissenters from this…

Subscription Required

You must be a member to access this content.

View Subscriptions

Already a member? Log in here
3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

Related posts