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  1. Oct 24, 2023 · The figure below demonstrates the horizon effect for the IEA’s forecast quite clearly. The Stated Policies scenario of the IEA is what Birol refers to when he describes peak fossil fuel demand ...

  2. The cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last year. ... “There is no peak oil demand on the horizon,” OPEC said.

  3. Sep 24, 2024 · Demand for oil alone is expected to reach 120.1 million barrels per day (bpd) by 2050, up 17.5 percent from 102.2 million bpd in 2023, the report said. ... "There is no peak oil demand on the ...

  4. Sep 24, 2024 · By Julianne Geiger - Sep 24, 2024, 2:25 PM CDT. OPEC's latest World Oil Outlook (WOO) 2024 makes it clear: peak oil demand is not on the horizon. Despite ongoing discussions around transitioning ...

    • Julianne Geiger
  5. Mar 20, 2024 · And demand will likely stay there for a few decades before falling further. The drop itself would be from levels of around 102 million bpd in the 2020s. The criticism of the forecast was near ...

  6. Sep 24, 2024 · The cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last year. Investment in the oil sector needs to reach an estimated $17.4 ...

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  8. Climate in Crisis. 'Peak oil' could be on the horizon, but new fossil fuel projects are pushing ahead. The head of the International Energy Agency says oil demand could peak in 2030, but other ...

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