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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...
Fill ‘er up! Oil countries predict an oversupply of gasoline by 2030 – driving down prices at US...
The Independent via Yahoo News· 8 hours ago“This year, we expect demand to rise by around 1 million barrels per day. This report’s projections,...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 2 hours agoThe head of OPEC said Thursday the world will need to invest in fossil fuels for decades to come in...
Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says
Business Insider via Yahoo Finance· 20 hours agoThis year, we expect demand to rise by around 1 million barrels per day." The IEA has been...
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...
Critical Minerals Shortfall Brings Growth Potential to This ETF
ETF Trends via Yahoo Finance· 2 days agoThe International Energy Agency (IEA) said manufacturers of clean energy technologies may not be...
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...
World will amass 'major' oil surplus by 2030: IEA
AFP via Yahoo News· 1 day agoThe world is likely to have a major surplus of oil by 2030 as production is ramped up while the clean energy transition tempers demand, the International...
Oil prices could drop to $60 per barrel in 2025 as world faces 'substantial surplus,' Citi says
CNBC· 8 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...