The IEA backtracking on its earlier stance on highlighting renewables and the speedy adoption of EVs in favour of oil production ...

IEA and Rapidan say oil demand may not peak by 2030, with growth possible to 2050 and a refining bottleneck ahead to spur ...

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 ...

A Terror Attack in Washington, D.C. Years ago, we were told that fossil fuels were done for. How is that going now? Bloomberg’s Javier Blas: Suggesting that fossil ...

The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals.

Leading energy consultancy's contrarian view on sustained oil demand growth gains mainstream acceptance as IEA and several other prominent forecasters revise projections ...

I expect October West Texas Intermediate prices to remain between $60 and $70 per barrel, which was also my forecast range for July through September. Although big banks and some analysts have been ...

Nov 27 (Reuters) - The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world's demand for oil may peak. The ...