OPEC Chief Says Robust Oil Demand Makes Peak Look ‘Far Out’
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OPEC’s top official said global oil demand will continue strong growth this year and a peak in consumption doesn’t appear to be on the horizon.
“We are seeing positive signs of good revisions to some parts of the global economy, most notably the United States,” OPEC Secretary-General Haitham Al Ghais told a panel at the World Governments Summit in Dubai on Tuesday. “I think talking about peak oil demand is probably something way far out.”