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Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says
Business Insider via Yahoo Finance· 3 days agoMeanwhile, global demand will plateau and peak before 2030. The massive supply buffer will likely...
Where to Invest $10,000: AI-Adjacent Stocks, Industrials and Oil
Bloomberg· 2 days agoThe idea: Oil and select commodities are opportunities now. Everyone thinks that with the green energy transition there will be no interest in traditional fossil fuels. The ...
Will The World Have A Staggering Excess Of Oil By 2030?
Forbes· 2 days agoThe report cites the proliferation of electric vehicles, the growing utilization of renewable...
OPEC sticks to 2024 oil demand growth forecast but trims Q1 view
Reuters· 4 days agoOPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024,...
OPEC Still Sees Strengthening Oil Demand as It Plans Supply Hike
Bloomberg· 4 days agoOPEC maintained forecasts for strengthening oil demand in the second half of the year, as the group...
EIA forecasts larger records for 2024 US oil output, global demand
Reuters· 4 days agoGlobal oil demand this year is also expected to be above estimates, which were already forecast to...
The World’s Flying Again and Jets Are Burning Fuel Like It’s 2019
Bloomberg· 6 days agoHave a confidential tip for our reporters? Coming any minute now to a sky near you: a plane packed...
The Slow Greening Of The World's Biggest Oil Company
Forbes· 3 days ago“We should abandon the fantasy of phasing out oil and gas and instead invest in them adequately, reflecting realistic demand assumptions.” As the head of...
Major Oil Surplus Seen This Decade as Demand Peaks, IEA Says
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Global oil markets face a “major” surplus this decade as the shift away from fossil...
We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy...
Fortune via Yahoo Finance· 2 days agoSupply will outstrip demand, and the spare capacity will be unlike ever "seen before other than at...