Coronavirus pandemic presents forecast for peak oil demand – Deccan Herald

Coronavirus pandemic presents forecast for peak oil demand – Deccan Herald

The Covid-19 pandemic this year has dented oil consumption and is pushing forward forecasts from energy majors, producers and analysts for when global demand for oil could peak. The rise of electric vehicles and the shift to renewable energy sources were already driving downward revisions to long-term oil demand forecasts. While there is no consensus […]

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