Why the IEA Now Thinks Oil Demand Will Keep Rising Until 2050
The International Energy Agency (IEA) predicted in 2023 that the global peak in oil demand would likely take…
Asia Faces Zero Growth in Demand For Petroleum Products
Earlier this week, China’s Sinopec reported a plunge in its first-half profit, citing subdued fuel demand as a…
U.S. Threatens IEA Withdrawal Over ‘Politicized’ Energy Forecasts
Energy Secretary Chris Wright speaks with reporters at the White House, Wednesday, Feb. 26, 2025, in … More…
IEA Doubles Down On Peak Oil Demand Forecast
A peak in global oil demand is still on the horizon, the International Energy Agency (IEA) said on…
OPEC Chief Claims Oil Demand Growth Is Here to Stay
Crude oil demand will continue growing over the coming decades as the world’s population increases, the secretary-general of…
The Return of Peak Oil
The term “peak oil” has sparked debate for decades, fueling speculation and more than a few forecasts of…
Shale Major Sees U.S. Oil Production Peaking
Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start…
US Oil Production to Peak in 2027, Natural Gas by 2032: EIA
The idea of peak oil is familiar to most readers. It refers to the point at which global…
Vitol Expects Oil Demand to Remain Robust Until 2040
Crude oil demand will remain at current levels over the next 15 years at least, commodity trading major…
Iowa gas prices averaging $2.89 per gallon | The Hawk Eye – Burlington, Iowa
Average gasoline prices in Iowa have fallen 2.7 cents per gallon in the last week, averaging $2.89/g today,…