Expect oil demand to plateau and not peak: BP

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CNBC-TV18’s Anshu Sharma caught up with Spencer Dale, Group Chief Economist of BP and asked him if he expects the oil demand to peak at some point and what are the key levels to watch out for in terms of crude prices.

“I think the better way to think about is not peak, think plateau. Once oil demand starts growing it is very unlikely to fall sharply. So the better way to think about is to think plateau and not peak,” said Dale.

Watch accompanying video for more details.