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Wermuth Asset Management | ASHARQ AL-AWSAT English Archive 2005 -2017
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Founding Partner of Wermuth Asset Management Jochen Wermuth


Oil Demand Growth Could Fall below 1% by 2018

Oil Demand Growth Could Fall below 1% by 2018

Dubai- Impact investment firm Wermuth Asset Management (WAM) said that regardless of whether oil prices rise around potential OPEC production-capping news, there is no long-term future for the hydrocarbon sector. “Solar power is now available at $3 cent/kWh, which is...