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No Oil Demand Peak in Sight, OPEC Says

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Oil is set to retain the largest share of the global energy mix through midcentury, the Organization of the Petroleum Exporting Countries said, doubling down on its forecast that demand will keep growing with no peak in sight.

“There is no peak oil demand on the horizon,” Secretary-General Haitham Al Ghais said on Thursday at OPEC’s headquarters in Vienna.

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