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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· 15 hours ago“This year, we expect demand to rise by around 1 million barrels per day. This report’s projections,...
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...
OPEC may soon lose its sway over global oil prices, IEA says
CNN Business via Yahoo Finance· 2 days agoA looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum...
Two-Thirds of Global Energy Investments Going to Clean Energy Tech: IEA
Rigzone· 7 days agoTwo-thirds of global energy investments will go to clean technologies this year, according to the...
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...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand...
CNBC· 9 hours agoThe head of OPEC said Thursday that the world will need to invest in fossil fuels for decades to...
World faces ‘staggering’ excess of oil by end of decade, warns IEA
The Telegraph via Yahoo News· 2 days agoThe world will face a “staggering” excess of oil by the end of the decade, the International Energy...
Major Oil Surplus Seen This Decade as Demand Peaks, IEA Says
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Global oil markets face a “major” surplus this decade as the shift away from fossil...
World will amass 'major' oil surplus by 2030: IEA
AFP via Yahoo News· 2 days 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...