Independent
"In its first-ever assessment of the world's major oil fields, the IEA concluded that the global energy system was at a crossroads and that consumption of oil was "patently unsustainable", with expected demand far outstripping supply.Oil production has already peaked in non-Opec countries and the era of cheap oil has come to an end, it warned.In most fields, oil production has now peaked, which means that other sources of supply have to be found to meet existing demand."
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