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.
You might also like...
McDermott completes financial restructuring exercise
28 March 2024
Region heads for hotel boom
28 March 2024
Lowest bidders emerge for Kuwait housing project
28 March 2024
Redcon wins Red Sea Triple Bay infrastructure deal
28 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com 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.