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Tag: peak

OPEC calls for more fossil fuel investment, dismisses peak oil demand

The head of OPEC said Thursday 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...

Turkey’s inflation passes 75% in what economists believe is peak

City scene Yeni Camii great mosque by Golden Horn of Bosphorus River, Topkapi Palace, Hagia Sophia Istanbul, Republic of Turkey Tim Graham | Getty ImagesInflation in Turkey topped 75% in May, up from 69.8% in April, in what economists expect to be the peak...