Oil loses again

IF THE G7 leaders' pledge this week to phase out fossil fuels by 2100 holds a drop of water, oil should be the most worried, as BP's latest Statistical Review issued overnight revealed the black gold lost market share for the 15th straight year.

Oil loses again Oil loses again Oil loses again Oil loses again Oil loses again

The good news is oil remained the world's leading fuel, with 32.6% of global energy consumption; and that China isn't going anywhere in the demand picture, for any fossil fuel.

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