The global market for internal-combustion vehicles peaked in 2017 and is now in "structural decline," Bloomberg New Energy Finance declared in a recent report. Combustion-vehicle sales in 2022 were ...
Earlier this year, Sinopec and PetroChina saw gasoline demand in China peaking in 2025. Everyone forecasting peak oil demand for China attributes it to rising EV sales, which accounted for 37% of all ...
For more than a century, two trends in global transportation have been relentless: humanity’s desire for more cars and the consumption of ever-more oil to fuel them. The second part, at least, may ...
We all know that motor oil is the lifeblood of the engine, and using the best quality and highest performance oil is a vital part of not only keeping the car on the road longer, but also operating at ...
Global demand for oil and natural gas could grow until 2050, the International Energy Agency said Wednesday, departing from previous expectations of a speedy transition to cleaner fuels following US ...
A new report says worldwide oil demand will peak in 2029. Some oil industry observers are skeptical.
Global oil demand will peak before the end of the decade, according to a new report from the International Energy Agency. That moves the date of the projected peak from 2030 back to 2029. The oil ...
Global oil supply will rise 8 million barrels per day above projected demand, the IEA said. Meanwhile, global demand will plateau and peak before 2030. The massive supply buffer will likely cut into ...
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