IEA and Rapidan say oil demand may not peak by 2030, with growth possible to 2050 and a refining bottleneck ahead to spur ...

If the Russia-Ukraine war settles, we should see a bit more supply flowing out of OPEC plus. Longer-term, weakness in oil ...

Oil futures rose for the first time in three sessions on Tuesday, as stimulus measures unveiled by China's central bank eased at least some concerns about demand that has long weighed on price. "The ...

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 IEA’s new outlook projects rising oil demand through 2050, reflecting stalled climate commitments, surging power needs ...

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 its earlier estimates.

In 1956, Marion King Hubbert, a prominent geologist for what is now Royal Dutch Shell, made a bold prediction. Based on an extensive analysis of reserves and production data, he concluded that U.S.

The IEA backtracking on its earlier stance on highlighting renewables and the speedy adoption of EVs in favour of oil production ...

Global oil demand is slowing and will peak by 2030, Bank of America estimates. Even the rollout of power-intensive AI infrastructure won't change this. Appetite for crude will slow as global GDP ...

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 ...

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 ...

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