Oil demand growth will peak soon, pushing prices lower, Rystad Energy has forecast, seeing Brent crude fall to some $60 per barrel in 2027. "Demand is peaking," Claudio Galimberti, the head of North America Research at the Norwegian consultancy, said this week, as quoted by Reuters. "We anticipate prices to taper off in the next three to four years, primarily due to ample supply." The ample supply, Galimberti said, will come from the United States, even though the shale industry has indicated it has no immediate plans for significant production…
