Both crude oil and overall fossil fuel demand may have permanently peaked in 2019 if a slower economic recovery from the coronavirus pandemic becomes reality, hastening the arrival of peak oil demand by more than a decade, according to a new report from the Boston Consulting Group. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The pandemic rapidly cratered global oil demand by more than 20% from a 2019 high of more than 100 million b/d, and a combination of growing renewable energy supplies and potentially permanent changes to the way many people telecommute and work from home could ensure that worldwide consumption never again hits such highs. A […]