LONDON (Reuters) -Global oil demand will peak by 2029 and begin to contract the following year while the U.S. and other non-OPEC countries add to supply, the International Energy Agency said on ...

The Organization of the Petroleum Exporting Countries said that global oil consumption will continue to swell well into the ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

Global oil demand will peak before the end of the decade, according to a new report from the International Energy Agency. That moves the date of the projected peak from 2030 back to 2029.

Topline Global demand for oil is set to hit a peak by the end of this decade, the International Energy Agency said Wednesday, as volatile energy prices accelerate a shift to clean alternatives ...

Global oil supply is set to grow far faster than demand in the coming years, as clean technologies such as electric vehicles continue to eat into traditional fossil fuel markets, bringing a global ...

In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels ...

The International Energy Agency forecasts global oil demand to peak at 105.6 million bpd by 2029, driven by continued U.S. consumption despite China’s early decline due to EV adoption.

China's oil consumption is on course to max out by 2027, according to a report from state-run refining company Sinopec on Thursday. Diesel and gasoline demand has weakened in the country, which is ...

By 2027, electric vehicles will force a reversal to the era of rising demand for oil used in transportation, according to a new forecast by analysts at BloombergNEF.

China's oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand weaken in the world's biggest oil importer, a slowdown that has rattled ...

Global demand for oil, natural gas and coal — and the carbon pollution they generate — are expected to peak later this decade, according to a new report by the International Energy Agency.