Yahoo Canada Web Search

Search results

  1. 11 hours ago · The term "peak oil" used to mean the point when global production would top out, before entirely running out. But as the world begins a shift to renewables, will the end of oil production come ...

  2. 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 ...

    • Giulia Petroni
  3. Sep 24, 2024 · In its latest World Oil Outlook (WOO) 2024 OPEC makes it clear: peak oil demand is not on the horizon and to stress this point, it is forecasting that global oil demand will exceed 120 million ...

    • Julianne Geiger
  4. Oct 24, 2023 · Some examples: in the 1980s, when oil markets were weakening and demand for OPEC oil dropping by 3 mb/d per year, a historically large amount, typical price forecasts saw weakness—but only for a ...

  5. Sep 24, 2024 · Oil futures rose on Tuesday as China stimulus measures and Middle East tensions boosted sentiment. "There is no peak oil demand on the horizon," OPEC said. Read more.

    • Carl Surran
  6. Sep 24, 2024 · Opec: ‘There is no peak oil demand on the horizon’ Opec was not shy in rejecting other forecasts that have suggested peak oil demand could happen in this decade.

  7. People also ask

  8. Mar 20, 2024 · The trajectory of oil demand and timing of an eventual "peak" are under considerable scrutiny and polarize opinions in the energy market. So what is on the horizon?

  1. People also search for