OIL MARKET: Peak oil or false summit?
Vitol CEO: "We have revised our outlook, pushing back peak oil demand by a few years to the early 2030s. The pace of EV adoption has moderated and oil demand from some developing markets may be higher than anticipated"
#OOTT #peakoil
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Javier Blas
JavierBlas
While cocoa prices reach for the stars, olive oil is coming down: 10% since the all-time high in February. There's hope. And please, please: don't mention coffee. Let's keep that market quiet.