Vitol, the world's largest independent oil trader, has pushed back its forecast for peak global oil demand to the mid-2030s, ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. The term "peak oil" has sparked debate for decades, fueling ...

U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...

In a sharp shift in tone, the latest outlook from the world’s top energy agency signals that oil demand could keep growing through to 2050. The International Energy Agency had previously estimated a ...

LONDON, ENGLAND - APRIL 24: Executive Director of the International Energy Agency (IEA) Fatih Birol delivers opening remarks during the Future of Energy Security Summit, hosted by the International ...

The IEA expects peak oil consumption to be reached by 2030, while OPEC forecasts a longer timeline. The debate over peak oil consumption is a contentious issue that significantly impacts longer-term ...

The debate over when peak oil consumption will occur is a pivotal issue for crude oil markets, with significant implications for traders. • More futures traders are turning to short-dated options to ...