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OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction

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The head of OPEC said that the world will need to invest in fossil fuels for decades to prevent an energy shortage, dismissing predictions that oil demand will peak soon. OPEC Secretary General Haitham Al Ghais said oil demand will grow by 25 million barrels per day, or bpd, in the developing world through 2045, ...

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