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 ...

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 ...

Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. While working on a related topic, I discovered that there is a new round of peak ...

Typically, in an oil-producing region, extraction starts slow, builds up to a peak as more wells are drilled, and then declines as the cost of accessing what’s left inevitably rises. Drillers ...

Peak oil has never been a popular theory among market analysts. After all, the peak has been prophesied repeatedly, but still hasn’t come to pass. Time after time, new areas have been opened to ...