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Jan 6, 2022 · Nearly two-thirds of investors say that peak oil demand will occur by 2030—a slight increase from last year’s estimates. Only 30% think that O&G stocks will take on an increasing role in their portfolios in the next decade, and nearly 60% feel pressure from their clients to divest their fossil-fuel investments.
Jan 24, 2024 · Rystad Energy’s analysts reckon that oil demand will shoot up this year “quite dramatically” and this would allow Saudi Arabia, and potentially OPEC, to gradually unwind their cuts.
Oct 6, 2023 · Global crude oil prices could drop to about $60 per barrel by 2027 as demand growth slows, say oil analysts at Rystad Energy, chopping a third off next year’s peak price as demand tumbles. Their outlook is a reassuring message amid recent Wall Street analysts predicting up to $150 per…
Dec 13, 2021 · Currently, just 2 percent of oil investors believe peak oil demand will occur by 2025. Recovering economies this year have resulted in a robust rebound in oil demand, disproving some...
Jun 17, 2024 · “World oil demand growth continues to slow, with 2024 gains now seen at 960 kb/d [thousands of barrels a day], 100 kb/d below last month’s forecast,” says the latest IEA Oil Market Report.
- Gordon Pape
Jun 12, 2024 · The world faces a “staggering” surplus of oil equating to millions of barrels a day by the end of the decade, as oil companies increase production, undermining the ability of Opec+ to manage...
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Oct 6, 2023 · Global crude oil prices could drop to about $60 per barrel by 2027 as demand growth slows, say oil analysts at Rystad Energy, chopping a third off next year's peak price as demand tumbles.
