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Vitol CEO sees global oil demand peaking in 10 years

Global oil demand could peak already 10 years from now, projects Ian Taylor, CEO of the world's biggest oil product trading house, Vitol.

Photo: Foto: ritzau/AP/Eric Gay

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German wind prices rise by one fifth

After dramatic price declines and major criticism of German onshore wind auctions, the average price saw a significant boost in the first auction since the provisional tightening of the rules for citizen projects. Solar power is thus cheaper than wind.

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