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Demand for Oil, Fuel to Stay Strong for Years, Power Leaders Say

Demand for Oil, Fuel to Stay Strong for Years, Power Leaders Say

The leaders of the world’s largest oil firms mentioned Monday that demand for the merchandise they make will stay strong for years to return even because the world makes an attempt to transition to lower-carbon power sources.

The chief executives of Exxon Mobil Corp. , Chevron Corp. and Saudi Arabian Oil Co., talking on the World Petroleum Congress in Houston, mentioned that whereas the world wants to handle the dangers posed by local weather change, world economies can not operate with out fossil fuels.

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