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To paraphrase Mark Twain, speculative bubbles don’t repeat themselves, but they often rhyme. The green technology boom that ...
Unlike the International Energy Agency (IEA), which has just doubled down on its forecast of peak oil demand by the end of this decade, Big Oil companies don’t see any peak by 2030.
A peak in global oil demand is still on the horizon, the International Energy Agency (IEA) said on Tuesday, doubling down on its forecast that demand will plateau by the end of the decade. China ...
But these firms keep pumping oil and gas more than they did earlier this decade as they expect that oil demand – regardless of a peak – isn’t going anywhere. Big Oil’s Big Pivot ...
Global oil demand is forecast to rise by 2.5 million bpd from 2024 to 2030, reaching a plateau around 105.5 million bpd by the end of the decade, per the agency’s latest estimates.
Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary General Haitham Al Ghais said on Tuesday.
China’s oil demand will stop growing earlier than expected, reinforcing the outlook for a global peak and prolonged supply surplus this decade, the International Energy Agency said. The IEA ...
IEA: Oil markets face 'fundamental transformation' with demand set to peak in 2029 Michael Holder 18 June 2025 • 5 min read Image: Credit: iStock ...
Browse here. “OPEC’s forecasts are not based on ideology. They are based on data and analysis of data,” he said. “And they clearly indicate that oil will remain an integral part of the energy mix, at ...
The International Energy Agency said China's oil demand will stop growing earlier than expected. The IEA predicts the nation's demand will top out in 2027, and worldwide oil use two years after that.
(Bloomberg) — China’s oil demand will stop growing earlier than expected, reinforcing the outlook for a global peak and prolonged supply surplus this decade, the International Energy Agency said. The ...