The IEA backtracking on its earlier stance on highlighting renewables and the speedy adoption of EVs in favour of oil production ...
IEA and Rapidan say oil demand may not peak by 2030, with growth possible to 2050 and a refining bottleneck ahead to spur ...
In a sharp shift in tone, the latest outlook from the world’s top energy agency signals that oil demand could keep growing through to 2050. The International Energy Agency had previously estimated a ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. contributors Douglas A. McIntyre and Lee ...
Leading energy consultancy's contrarian view on sustained oil demand growth gains mainstream acceptance as IEA and several other prominent forecasters revise projections ...
The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals.
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 ...