BP’s Peak Oil Demand Shift Captures the Industry’s Zeitgeist
What once looked like a rapid pivot away from crude now appears more like a drawn-out plateau.
A BP petrol station in London.
Photographer: Jaimi Joy/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities powering the global economy. Today, reporter Mitchell Ferman looks at BP Plc’s latest outlook for oil demand and what it says about the wider industry.
BP has officially joined the “later-peak” camp.