What now for peak oil? Unpacking a surprise twist in the fossil fuel feud
CNBC·2025-11-13 13:05
A worker inspects the outdoor gas pipes at the underground gas storage facility operated by Gas Storage CZ AS, in Haje, Czech Republic, on Friday, Jan. 3, 2025.The International Energy Agency's latest outlook signals that oil demand could keep growing through to the middle of the century, reflecting a sharp tonal shift from the world's energy watchdog and raising further questions about the future of fossil fuels.In its flagship World Energy Outlook, the Paris-based agency on Wednesday laid out a scenario i ...