The Rising Influence of Rising Affluence

[biotech_researcher]

Peak oil: Here is a thoughtful analysis on the oil complex. Note the distinction between refined products and the rest of the crude complex.

Everyone has an opinion on peak oil demand. IEA and OPEC are at loggerheads. Markets are divided as to which version of the future to believe, attempt to price, and invest in.

A long 🧵 about peak oil demand and why regardless of when oil "peaks", the demand reckoning is coming

— Karim Fawaz (@karim__fawaz) October 6, 2023