Energy giant Shell says oil demand could peak in just five years
Energy major Shell makes rare projection, at odds with some of its biggest competitors, that the global oil demand could peak within five years.
BY RAKTEEM KATAKEY, BLOOMBERG
Royal Dutch Shell Plc, the world's second-biggest energy company by market value, thinks demand for oil could peak in as little as five years, a rare statement in an industry that commonly forecasts decades of growth.
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