“On that basis, global oil supply looks set to rise by 690 kb/d on average ... the IEA forecast global oil demand peaking by 2029 and beginning to contract the following year, as the U.S ...

U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...

by 2029, the EV shift will “bring total demand to its apex”. Some are more cautious. Take the peak oil prediction “with a grain – or boulder – of salt”, warned Axios. “Supply and ...

In a report, AmInvestment Bank Research (AmInvestment Research) said debate over peak oil demand is set to intensify following the release of January oil market reports by the two agencies.