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

The Organization of the Petroleum Exporting Countries said that global oil consumption will continue to swell well into the ...

MANY times, when something is about to get into decline, there is a revanchist action to try to reassert the old order, not ...

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 ...

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

Good afternoon and happy Thursday, readers! We are continuing to follow the aftermath of the destructive flash flood that hit parts of central Texas last week. The death toll continues to increase as ...

Diverging views on peak oil opinions on the timing and impact of peak oil vary widely, with overall suggestion that peak oil will be around 2032/35.

The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to ...

What is 'peak oil' and when will we reach it? Amanda Coulson-Drasner 11/22/2024 The term "peak oil" used to mean the point when global production would top out, before entirely running out.

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 ...

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward. “Drill, baby, drill” has hit peak oil. Oil and gas leaders have been saying ...

Senate Majority Whip John Barrasso is leading an effort to pressure the International Energy Agency to reverse its prediction that the world could soon reach “peak oil.” The Paris-based IEA is ...