Peak Oil

Simon Webb, the Global Commodities & Energy Editor, discusses the slowing growth of global oil demand and the pressing question of when it will peak. He delves into historical oil shocks and the evolution from supply concerns to demand dynamics, while highlighting China's electric vehicle revolution, which could slash oil consumption significantly by 2030. Additionally, Webb examines Nigeria's fuel crisis and OPEC+'s strategies amidst rising prices, shedding light on how these factors intertwine with geopolitics and climate policy.