Proponents of peak demand expect that exponential growth ... has grown each year by more than a million BPD. Over the past decade, oil demand has grown each year by 1.1 million BPD.

The term "peak oil" used to mean the point when global production ... marking the fastest growth rate in the past two decades, according to the International Energy Agency (IEA).

"There is no peak oil demand on the horizon," OPEC said, and "over the past year, there has been further recognition that the ...