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 ...

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 ...

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 ...

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.

This year has seen China take advantage of lower oil prices to stock up on crude, buying about 900,000 b/d between January and August to put into storage, according to the US Energy Information ...

Oil and gas demand could continue to grow until the middle of the century, according to a new International Energy Agency scenario that shifts away from previous expectations of so-called peak oil ...

Earlier predictions of "peak shale" have shifted, with US shale drillers now signaling continued growth due to improved efficiency. The Energy Information Administration (EIA) has revised its ...

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 ...

The Organization of the Petroleum Exporting Countries said that global oil consumption will continue to swell well into the midcentury, with no peak in sight, rebutting outside forecasts that the ...

In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels ...