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Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...
OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...
The debate over when peak oil consumption will occur is a pivotal issue for crude oil markets, with significant implications for traders.
The term “peak oil” has sparked debate for decades, fueling speculation and more than a few forecasts of doomsday scenarios. But for all the noise, it remains a largely misunderstood concept.
The concept of peak oil has been around for decades. The term refers to the point when maximum oil production is reached, after which output goes into irreversible decline as reservoirs are bled ...
The International Energy Agency thinks peak oil use is in sight this decade as the world switches to renewables. What is driving this shift – and what is still standing in the way?
Peak oil and peak oil demand are distinct phenomena with different implications for our society and economy, and understanding these concepts is crucial for preparing ourselves for a sustainable ...
When I was younger, there was a lot of hubbub about the concept of “peak oil.” Technically, the phrase just refers to the point where we reach the highest level of global oil production, after ...
Where the concept of peak oil demand is concerned, OPEC has held to an even more oil-bullish stance, stating its projections do not see that threshold being reached anytime during its projection ...
In a statement published on the OPEC website Thursday, Secretary General Haitham Al Ghais said the concept of “peak oil demand” is nowhere to be seen in the cartel’s projections for future ...
Peak oil is a theoretical concept that refers to the point in time when the global production of oil reaches its maximum rate, after which production will gradually decline.
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