Wood Mackenzie's new report forecasts global oil demand to peak in 2032, two years later than previously expected, due to ...

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WoodMac is predicting global emissions will peak in 2028 before declining by 2% annually in its 2.6-degree base case. The consultancy had predicted peak emissions by 2027 in last year’s report.

Global oil demand will not peak until 2032, two years later than earlier thought, consultancy Wood Mackenzie said in a report ...

For decades the world has been told that “peak oil” is on the horizon, a pivotal point at which the demand and/or supply of oil will stop increasing and thereby create assorted economic crises. The ...

BP (NYSE:BP) said Thursday that oil demand will keep growing for the rest of this decade, pulling back from its previous forecast that peak demand could come as soon as this year, as it points to ...

A year ago, BP predicted that oil demand growth could peak before 2030. In that, the company was in tune with the IEA and a host of other forecasters. This year, BP has changed its prediction. Now, ...

LONDON (Reuters) - The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on ...

Supply is shifting west-to-east: most new non-OPEC barrels through 2030 come from the Americas. Demand growth is anchored in Asia, led by India, which could add up to 2 mb/d over six years; elsewhere, ...

India's crude oil imports from the United States climbed to their highest level since 2022 in October, a move seen as part of ...