Oil is about to hit another lost decade.
Oil is about to hit another lost decade.Photographer: Brandon Bell

Oil’s peak is in the past - And the future looks even bleaker: David Fickling

Crude output stagnates as clean energy surges and global oil demand falters.
Published on

Key topics

  • Crude oil output still lags 2018 levels, signaling a lost decade

  • Clean energy investment now far outpaces fossil fuel spending

  • China and U.S. shale cutbacks deepen global oil demand woes

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