Vitol, the world's largest independent oil trader, has pushed back its forecast for peak global oil demand to the mid-2030s, ...
LONDON, ENGLAND - APRIL 24: Executive Director of the International Energy Agency (IEA) Fatih Birol delivers opening remarks during the Future of Energy Security Summit, hosted by the International ...
It is lashing out at the world’s leading energy organization for saying oil and gas use could start declining as the world pivots to cleaner alternatives. By Somini Sengupta and Brad Plumer Year after ...
In a sharp shift in tone, the latest outlook from the world’s top energy agency signals that oil demand could keep growing through to 2050. The International Energy Agency had previously estimated a ...
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Peak oil is coming — but nobody seems to know when
How much oil will the world need in future? It depends on when the planet reaches “peak oil”, that moment at which consumption hits a maximum and then starts to gradually tail off. The debate over ...
Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Earlier this month, the Organization of Petroleum Exporting ...
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