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Fill ‘er up! Oil countries predict an oversupply of gasoline by 2030 – driving down prices at US...
The Independent via Yahoo News· 12 hours ago“This year, we expect demand to rise by around 1 million barrels per day. This report’s projections,...
The world could soon see a massive oil glut. Here's why.
CBS News via Yahoo Finance· 1 day agoAmong the drivers for rising oil supplies are expectations that Americans and consumers in other...
OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 1 day agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says
Business Insider via Yahoo Finance· 1 day agoThis year, we expect demand to rise by around 1 million barrels per day." The IEA has been...
World faces ‘staggering’ excess of oil by end of decade, warns IEA
The Telegraph via Yahoo News· 1 day agoThe world will face a “staggering” excess of oil by the end of the decade, the International Energy...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 5 hours agoThe head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to...
Oil prices could drop to $60 per barrel in 2025 as world faces 'substantial surplus,' Citi says
CNBC· 12 hours agoOil prices will likely plunge in 2025 as the market enters a "substantial surplus" on softening...
Canada, U.S. oil producers to break records through 2030: IEA
Yahoo Finance Canada· 1 day agoU.S. production is expected to rise 6.9 per cent over that timeframe. “It is not the first time the...
Oil demand set to peak by 2029, major supply glut looms, IEA says By Reuters
Investing.com· 2 days ago"This report's projections, based on the latest data, show a major supply surplus emerging this...
Global oil demand will peak by 2030, then supply will exceed demand, says IEA
Offshore Technology via Yahoo Finance· 1 day agoThis year, we expect demand to rise by around one mbpd [million barrels per day],” said IEA...