Oil Demand Is Robust, OPEC Chief Barkindo Says

The transcript discusses the impact of reduced investments on the oil industry, highlighting a significant contraction in investments over two years. It addresses the current robust demand and potential future challenges due to factors beyond control. The importance of collaboration with non-OPEC partners to maintain a favorable supply-demand balance is emphasized. The transcript concludes with a discussion on the future of oil as a primary energy source, despite diversification efforts.

What is the ultimate objective of the producer group mentioned in the text?

What does the text suggest about the future of oil as an energy source?