“Who needs your oil? Yes, even a finger poke into the sky, before 2050 demand will not!” – Minister of energy of Saudi Arabia Khalid al-Faleh made a “mockery” about the Outlook for the future of Russia

The head of the Board of Directors of Saudi Aramco, the Minister of energy of Saudi Arabia Khalid al-Faleh said that the global demand for oil may reach its peak except in the 2050-ies. This means that Russia can strongly tune into the gradual collapse of its own economy.

About it reports TASS.

Khaled al-Faleh noted that there is “one finger poke in the sky”, but unlikely earlier than in 50-e years of the XXI century will happen the global demand for oil.

Surprisingly, it has supported the Russian colleague, the Minister of energy of Russia Alexander Novak, who readily agreed with this projection.

However, the chairmen of BP, Shell and Total claim that peak oil demand may occur in 30-e and 40-e years. Bob Dudley of BP was more confident in his prophetic abilities and even called the key date of peak demand for oil – 2042.

We will remind, from-for the conflict in OPEC about Qatar world oil prices
began to demonstrate an active downward trend.