Stockholm bourse ends week down

Oil firm Lundin Petroleum was near the top of the winners list of major Swedish firms amid further gains in oil prices and renewed speculation that global oil production has reached its peak. Dagens Industri reports that according to Kjell Aleklett, a professor at Uppsala University and chairman of the Association for the Study of Peak Oil, global production has remained at 84.5 million barrels per day over the last three years despite increasing global demand. Peak production is unlikely to ever climb above 90 million barrels per day, Aleklett forecast.
The Local