From The Economist:
Moreover, global demand this year has been weaker than expected. In a report this week, Roland Berger, a consultancy, argued that rich-country oil demand has peaked, and that, as developing countries such as China and India industrialise, they will use oil more efficiently than did their developed-world counterparts (see chart). All this raises doubts about how far the oil price can climb.
There is more here: http://www.economist.com/news/finance-and-economics/21722182-cartel-fighting-not-just-shale-producers-futures-market-markets
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