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Peak oil coming sooner than expected

PEAK oil will arrive sooner than thought and be about four million barrels per day less thanks to the COVID-19 pandemic and the inter-related energy transition.

Helen Clark

Peak oil coming sooner?

New revisions of analysis from consultancy Rystad Energy suggest peak oil will hit in 2028 and will stand at around 102 million barrels of oil per day, not 106MMbopd in 2030. By 2050 oil demand may...

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