Saudi official forecasts oil demand peak

26 April 2010

Ibrahim Al-Muhanna, adviser to Saudi Arabia's oil minister, has said that oil use will probably peak in emerging markets by early next decade, Arab News has reported. 'The demand in emerging economies will take time to peak but definitely it will peak maybe this decade or early next decade,' he said.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications