IEA and Rapidan say oil demand may not peak by 2030, with growth possible to 2050 and a refining bottleneck ahead to spur ...
The looming specter of “peak oil” has been a topic of intense debate for years. While some experts predict a rapid decline in global oil production, others maintain that the world’s energy supply will ...
Global demand for oil just keeps growing. It’s only fallen once in the past dozen years — in 2020, at the start of the COVID-19 pandemic. After that, it roared back. But as the world continues to ...
The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United States ...
Gen Z is a generation born into a world full of anxieties—from school shootings to climate Armageddon, to a pandemic and political violence. But I’m here to give you one more thing to worry about! A ...
Oil prices had their strongest session in over two months Tuesday, with West Texas Intermediate (WTI) light crude climbing 2% to $80 a barrel, and Brent crude rising 1.7% to $84 a barrel. The surge in ...
The International Energy Agency once projected that oil and gas demand could level off by 2030. Now it’s backing off, sort of ...
This week, the International Energy Agency (IEA) issued a report predicting that “peak oil” the all time high point in oil demand, will come as soon as 2029. My first thought on reading the report was ...
The key international agency forecasting energy demand now says the current path will have consumption of oil and gas growing ...
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 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 ...