“We believe that oil as a whole will remain one of the main energy resources, though the increase in consumption will be slower than the growth in the world economy as a whol
According to our assessments, the demand for oil will grow from 7 to 11 percent up to 2020, and by 2040 will increase by 15 to 20 percent,” Novak said after a Russia-OPEC meeting in Moscow.
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