The key international agency forecasting energy demand now says the current path will have consumption of oil and gas growing through 2050, as electric-vehicle adoption misses earlier estimates.
Midland Reporter-Telegram on MSN
Morningstar says oil demand will peak in 2032, slip 8% by 2050
Morningstar forecasts global oil demand will peak in 2032, fall 8% by 2050, and lifts its midcycle Brent price outlook to $65 ...
Global demand for oil and natural gas could grow until 2050, the International Energy Agency said Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following US ...
Leading energy consultancy's contrarian view on sustained oil demand growth gains mainstream acceptance as IEA and several other prominent forecasters revise projections WASHINGTON, Nov. 19, 2025 ...
The International Energy Agency once projected that oil and gas demand could level off by 2030. Now it’s backing off, sort of. By Brad Plumer Reporting from Belém, Brazil The world’s leading energy ...
Global oil demand is set to peak in 2032, two years later than previously expected, due to solid petrochemical demand and sluggish U.S. and European electric vehicle sales, Wood Mackenzie said in its ...
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Petrobras Discloses Revised 2026-2030 Investment Plan of $109B
PBR cuts its 2026-2030 budget by 2% while boosting pre-salt investment, targeting higher production and advancing new energy and sustainability projects.
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