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 ...

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 ...

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...

More futures traders are turning to short-dated options to manage crude oil uncertainty Peak oil is a theoretical concept that refers to the point in time when the global production of oil reaches its ...

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 ...

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 ...

The International Energy Agency now projects oil, gas, and coal use will all peak this decade. This constitutes a dramatic shift from the last 150 years when the thirst for fossil fuels persistently ...

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 ...

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 ...