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

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 ...

By America Hernandez PARIS -French oil major TotalEnergies expects global oil demand to continue rising through 2040 before gradually declining, as political fragmentation and energy security concerns ...

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 ...

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 ...

Whereas the short-term oil price outlook appears murky, leading oil agencies remain largely bullish about the long-term outlook. Interestingly, over the medium-and long-term, only the IEA sees global ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. contributors Douglas A. McIntyre and Lee ...

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

The answer to that question is an emphatic no, according to Ellen R. Wald, the President of Transversal Consulting, who told Rigzone that “global energy demand continues to grow and there is no way to ...

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.

This year has seen a flurry of oil mega-mergers worth more than $100 billion. Big deal flow and rising US production point to industry forecasts of big demand for years to come. The "inevitable" ...