The debate over when peak oil consumption will occur is a pivotal issue for crude oil markets, ... Geologist M. King Hubbert first introduced the concept in the mid-20th century.

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.

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

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 ...

How “peak oil” shaped the way we think about resource scarcity and our future. ... The 1956 paper that introduced the concept suggested the US would reach peak oil production by 1970.

The peak-oil guessing game has proven to be just that, a guess, and all the calls have been wrong so far. And even if the IEA is right and peak oil comes before 2030, there is little doubt that ...

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 ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

The IEA expects peak oil consumption to be reached by 2030, while OPEC forecasts a longer timeline. ... Geologist M. King Hubbert first introduced the concept in the mid-20th century.