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Peak Oil Demand Isn’t on the Horizon, OPEC Sayswith oil demand growth set to peak by 2029. According to OPEC’s forecast, oil demand is estimated to reach 112.3 million barrels a day in 2029, a 10.1 million barrels a day increase compared ...
In its annual report on the industry, the IEA said demand for oil looks set to peak by 2029, amid bumper levels of production, driven by the US. The report said: 'Emerging economies in Asia ...
Financial services provider UBS Securities recently predicted a peak in Chinese petroleum demand by 2029 and negative growth ... increase in industrial crude oil (unrefined petroleum) production ...
LONDON, June 12 (Reuters) - Global oil demand will peak by 2029 and begin to contract the following year while the U.S. and other non-OPEC countries add to supply, the International Energy Agency ...
Oil demand growth will plateau at 105.6 million barrels per day (bpd) by 2029, the Paris-based IEA said in an annual report, before contracting slightly in 2030 as electric car use rises ...
LONDON - Global oil demand will peak by 2029 and begin to contract the next year, the International Energy Agency said on Wednesday, while oil supply capacity is due to vastly outpace demand by the ...
Global oil demand will peak by 2029 and begin to contract the following year while the U.S. and other non-OPEC countries add to supply, the International Energy Agency said on Wednesday ...
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