DNV GL predicted oil demand to peak in 3 years and then remains flat until 2030. Most oil companies expect demand to peak between the late 2020s and the 2040s.The International Energy Agency (IEA) does not expect a peak before 2040, with rising petrochemicals and aviation demand more than offsetting declining oil demand for road…
India’s oil and steel minister, Dharmendra Pradhan, visited Moscow and discussed for strengthening oil and gas production and keep the prices firm as oil importing countries are suffering from unstable rates, especially after US sanctions against Iran which extremely influence on India’s economy. The cost of oil import in India was reported 111.0 billion dollars…
