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Oil Demand To Peak Within 20 Years

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Oil Demand To Peak Within 20 Years

Oil Demand To Peak Within 20 Years

Hong Kong (CNN Business)Global oil demand is likely to keep growing for at least another 15 years before emerging economies catch up to the shift from hydrocarbons to electric power, a leading consultancy said on Monday.

Our own view at Wood Mackenzie, is around 2035, 2036," Wood Mackenzie chairman Simon Flowers said in an interview with CNN Business.

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