"Transatlantic Resilience and Record US Output Drive Oil Prices Down"

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Source: Financial Times
TL;DR Summary

The concept of peak oil, the point at which global oil production reaches its maximum and starts to decline, is within sight due to the resilience of the transatlantic energy relationship. Significant corporate, financial, and political developments are shaping the future of the oil industry, with the potential for peak oil becoming a reality.

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