times that it's possible the industry has already passed the point of peak oil earlier we asked to claudia kemp 1st an energy expert at the german institute for economic research if the industry can continue in its current form i mean it's very difficult that they are continuing in this current form they need to structure they need to restructure and also invest into alternatives to oil because the oil era is anding now with the corn a crisis even faster than expected so the oil demand might might be low only because the flights decreasing the economic stimulus program in many o.e.c.d. countries are fostering clean technologies like electric mobility and also the heating system which replaced and the insulation is says boosted by this kind of program so the oil demand might be lower so the kompany need to change and also diversify also to more renewable energy and also change their supply structure. now chinese producers are feeling the full economic wrath of the coronavirus as factory prices hit a 4 year low in april the chinese producer price index measures what factories charge wholesalers i