Here’s a news update that should concern all automotive enthusiasts: the general engine oil landscape is evolving again, and ...

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 ...

The world’s biggest international oil and gas companies have started to acknowledge that demand growth could slow or stop within a decade. But these firms keep pumping oil and gas more than they did ...

Norway expects its oil liquids production to rise by 5.2% in 2025 from 2024, also thanks to the start-up of Johan Castberg.

The report is further evidence of the Agency's unrealistic narrative of peak oil demand by 2030. It undermines the narrative that there is no need for investment in new fossil fuel supply.

TOKYO -- China's oil demand is set to peak in 2027, the International Energy Agency said, a trend that it calls a "fundamental transformation" in the global energy market. China has accounted for ...

The International Energy Agency (IEA) forecasts that global oil demand will continue rising until approximately the end of this decade, with demand expected to peak at 105.6 million barrels per day by ...

Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the Paris-based IEA’s annual report shows. At the same time, global production ...

While China – the world’s top crude oil importer – accounted for 60% of the global increase in oil consumption in 2015-2024, “the picture to 2030 looks very different,” the IEA said.

While China – the world’s top crude oil importer – accounted for 60% of the global increase in oil consumption in 2015-2024, “the picture to 2030 looks very different,” the IEA said.

LONDON (Reuters) -Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the ...

LONDON (Reuters) -Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the ...