It might not be Peak Oil after all. IEA now says, on current path, that demand will grow until 2050.
MarketWatchยท2025-11-12 11:06
Core Insights - The key international agency forecasts that oil and gas consumption will continue to grow through 2050, indicating a significant shift in energy demand expectations [1] Group 1: Energy Demand Forecast - The current trajectory suggests that energy demand for oil and gas will increase, contrary to previous expectations regarding electric vehicle adoption [1]