Oil’s long goodbye – what it means for the Gulf

The National ·
United Arab Emirates

Even as global oil demand continues to grow, albeit gradually, it is broadly understood that technological developments could eventually drive that demand to zero by the end of the 21st century. However, the latest economic research shows that such a fall in oil demand won’t necessarily mean a fall in oil production – in fact, in the short run, we may paradoxically see higher levels of oil…

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