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1. • End of the decade

     • Global oil demand is projected to peak by the end of the decade as climate and energy-security risks push countries to accelerate electrifying their economies to meet surging demand, the International Energy Agency said on Wednesday.
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     Global oil demand to peak by end of the decade as countries ...

2. People also ask

   Will global oil demand peak in the next few years?

   • Here's why Global oil demand is projected to peak in the next few years even as some major energy companies announce plans to reinvigorate their fossil fuel businesses. The world’s appetite for oil is still rising, the International Energy Agency said in a report Wednesday, but annual growth is expected to slow to just 0.4% by 2028.

   Oil demand could peak this decade, IEA says

   edition.cnn.com/2023/06/14/energy/global-oil-demand-peak-this-decade/index.html

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   Is global oil demand slowing?

   • Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according to a new IEA report released today.

   Growth in global oil demand is set to slow significantly by 2028

   www.iea.org/news/growth-in-global-oil-demand-is-set-to-slow-significantly-by-2028

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   Will we reach a peak in global oil use?

   • So far, though, it has never been reached on a global level. In June, however, the International Energy Agency (IEA) – a global energy organisation that provides governments with analyses and policy support – announced we may soon reach a different but related value: a peak in the global use of (or "demand for") oil.

   Is the decline of oil in sight? - BBC

   www.bbc.com/future/article/20230726-an-experts-guide-to-peak-oil-and-what-it-really-means

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   Will global oil demand increase by 2028?

   • The world’s appetite for oil is still rising, the International Energy Agency said in a report Wednesday, but annual growth is expected to slow to just 0.4% by 2028. “The shift to a clean energy economy is picking up pace, with a peak in global oil demand in sight before the end of this decade,” said IEA Executive Director Fatih Birol.

   Oil demand could peak this decade, IEA says

   edition.cnn.com/2023/06/14/energy/global-oil-demand-peak-this-decade/index.html

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   Will global oil demand rise by 2030?

   • “As the pandemic rebound loses steam, clean energy transitions advance, and the structure of China’s economy shifts, growth in global oil demand is slowing down and set to reach its peak by 2030. This year, we expect demand to rise by around 1 million barrels per day,” said IEA Executive Director Fatih Birol.

   Slowing demand growth and surging supply put global oil markets on

   www.iea.org/news/slowing-demand-growth-and-surging-supply-put-global-oil-markets-on-course-for-major-surplus-this-decade

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   Will oil & gas demand drop over the next year?

   • An upcoming report by the agency, an intergovernmental organization that tracks global energy markets, estimates that demand for oil, gas and coal will begin dropping over the next few years, said IEA Executive Director Fatih Birol in an email to NBC News.

   'Peak oil' could be on the horizon, but new fossil fuel ... - NBC News

   www.nbcnews.com/science/environment/peak-oil-horizon-new-fossil-fuel-projects-are-pushing-ahead-rcna104960

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3. www.iea.org › news › growth-in-global-oil-demand-isGrowth in global oil demand is set to slow significantly by 2028

   www.iea.org › news › growth-in-global-oil-demand-is

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   Jun 14, 2023 · The Oil 2023 medium-term market report forecasts that based on current government policies and market trends, global oil demand will rise by 6% between 2022 and 2028 to reach 105.7 million barrels per day (mb/d) – supported by robust demand from the petrochemical and aviation sectors.

4. edition.cnn.com › 2023/06/14 › energyOil demand could peak this decade, IEA says | CNN Business

   edition.cnn.com › 2023/06/14 › energy

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   Jun 14, 2023 · Global oil demand is projected to peak in the next few years even as some major energy companies announce plans to reinvigorate their fossil fuel businesses.

5. Videos

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     1:40

     msn.com

     BP Says Global Oil Demand Will Peak By 2025, Plateauing Emissions.

     Jul 11, 2024

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     5:44

     msn.com

     IEA Warns Global Oil Demand Growth 'Slowing Sharply' as China Cools

     Sep 12, 2024

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     8:54

     msn.com

     Global Oil Prices Decline: OPEC Cuts Oil Demand Forecast, Soft Chinses Demand Weighs In| Business @9

     Oct 14, 2024

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6. www.bbc.com › future › articleIs the decline of oil in sight? - BBC

   www.bbc.com › future › article

   Dec 4, 2023 · The most recent projections from BP this year all show global oil demand plateauing or declining from 2025 at the latest, depending on the strength of climate action, and declining up to 2050.

7. www.reuters.com › markets › commoditiesSluggish demand, supply glut worries to weigh on oil in 2025

   www.reuters.com › markets › commodities

   2 days ago · Global oil demand seen up 1 mln-1.5 mln bpd in 2025. For table of crude price forecasts, click. Oct 31 (Reuters) - Concerns around demand from top consumer China, prospects of higher supply from ...

8. www.nbcnews.com › science › environment'Peak oil' could be on the horizon, but new fossil fuel ...

   www.nbcnews.com › science › environment

   • Cached

   An upcoming report by the agency, an intergovernmental organization that tracks global energy markets, estimates that demand for oil, gas and coal will begin dropping over the next few...

9. www.iea.org › news › slowing-demand-growth-andSlowing demand growth and surging supply put global oil ...

   www.iea.org › news › slowing-demand-growth-and

   • Cached

   Jun 12, 2024 · New IEA medium-term outlook sees comfortably supplied oil markets to 2030, though unwavering focus on energy security will remain crucial as powerful forces transform sector. Growth in the world’s demand for oil is expected to slow in the coming years as energy transitions advance.

10. news.harvard.edu › gazette › storyEnergy agency says global thirst for oil finally may be ...

    news.harvard.edu › gazette › story

    • Cached

    Jul 11, 2023 · Is the globe’s thirst for oil finally topping out? A major international energy watcher says yes, predicting last month that demand for global oil for transport will peak around 2026, plateau for all uses by 2028, and possibly hit a zenith by the end of the decade.