The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United States ...

Crude futures rose Friday with help of a recovery in U.S. stocks, ending a week of ups and downs inflicted by exchanges over tariffs between the U.S. and Canada, and between the U.S. and European ...

U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...

Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world. BloombergNEF’s annual passenger vehicle outlook sees 2025 global car sales returning to the highest level since ...

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 ...