Global oil demand is projected to peak in the next few years even as some major energy companies announce plans to reinvigorate their ... but annual growth is expected to slow to just 0.4% by 2028.

Analysts predict peak oil demand followed by declining production. A presentation on oil and gas and New Mexico’s economy given during the LFC meeting by the State’s Chief Economist Leo ...

The International Energy Agency thinks peak oil use is in sight this decade as the world switches to renewables. What is driving this shift ... but just after 2028, so 2029 or 2030, ...

Diverging views on peak oil opinions on the timing and impact of peak oil vary ... organizations like the IEA predict an earlier peak between 2028 and 2035 due to the increasing adoption of clean ...

IEA: Global oil demand set to peak in 2028. The International Energy Agency (IEA) has stated that the peak for global oil demand is “in sight”, largely due to the growing popularity of electric ...

The International Energy Agency predicted Wednesday that demand for oil will fall to 400,000 barrels a day in 2028—a drastic fall from 2.4 million barrels a day currently.

The peak in global oil demand is in sight, according to a new report from the International Energy Agency. Demand for oil will rise by 6% between 2022 and 2028, according to the report, which was ...

The world’s demand for oil is set to “shrivel” before the end of the decade, according to the leading global energy authority on Tuesday. Oil demand will still rise by six per cent between ...

Despite this, IEA says that “peak demand is in sight”. Annual growth is expected to shrivel from 2.4 million oil barrels per day (mb/d) in 2023 to 400,000 mb/d in 2028.