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

Gen Z is a generation born into a world full of anxieties—from school shootings to climate Armageddon, to a pandemic and political violence. But I’m here to give you one more thing to worry about! A ...

Crude oil is a finite resource that must be discovered, extracted from the earth, transported often over vast distances to refineries, converted into various usable constituent products and then ...

Demand for fossil fuels is set to peak by the end of the decade, according to a new projection from the International Energy Agency — but it might not be enough to curb the worst impacts of climate ...

Global demand for oil just keeps growing. It’s only fallen once in the past dozen years — in 2020, at the start of the COVID-19 pandemic. After that, it roared back. But as the world continues to ...

Global oil supply will rise 8 million barrels per day above projected demand, the IEA said. Meanwhile, global demand will plateau and peak before 2030. The massive supply buffer will likely cut into ...

Theories that oil supply will peak tend to miss the mark, OPEC's secretary general wrote. Such warnings have emerged since the 1880s, but fail to come true, Haitham Al Ghais said. "Throughout history, ...

OPEC projects oil demand will hit 123 million bpd by 2050, calling for $18.2 trillion in new oil and gas investments. The IEA, however, believes demand will peak before 2030 and dismisses such ...

We’ve seen these predictions before, and they have always been wrong. But officials at the International Energy Agency (IEA) have decided to take another shot at predicting the date when the ...

Despite doubling per well output since 2019, the Permian’s rig rate gains are slowing and decline curves are steepening, meaning producers must “run faster to stay in place,” EIA: The U.S. is forecast ...

The IEA’s new World Energy Outlook said that based on today’s policies, peak global demand for coal, oil and gas are all “visible” this decade. It attributed this to “growing momentum” for non-fossil ...