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.
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Why the IEA Now Thinks Oil Demand Will Keep Rising Until 2050
The IEA’s new outlook projects rising oil demand through 2050, reflecting stalled climate commitments, surging power needs ...
The International Energy Agency once projected that oil and gas demand could level off by 2030. Now it’s backing off, sort of ...
The IEA expects peak oil consumption to be reached by 2030, while OPEC forecasts a longer timeline. The debate over peak oil consumption is a contentious issue that significantly impacts longer-term ...
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 ...
The key international agency forecasting energy demand now says the current path will have consumption of oil and gas growing ...
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IEA Drops Peak Oil Predictions
The International Energy Agency has reversed its earlier forecasts, now expecting oil and gas demand to keep rising until ...
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The Clean-Energy Equation No One Can Solve Yet
In 1956, the American geologist M. King Hubbert made a startling prediction: In a matter of decades, the supply of fuel on which so much of modern society depended would dwindle. Dubbed the “peak oil” ...
The debate over when peak oil consumption will occur is a pivotal issue for crude oil markets, with significant implications for traders. • More futures traders are turning to short-dated options to ...
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