When the model is applied to worldwide oil production, the maximum level of production is called "peak oil." Fat cows and lean cows are commonly seen as the consequence of being on one or the ...
The International Energy Agency (IEA) says global oil demand will slow “markedly” in the coming years and a peak is “on the horizon”. Climate change: seven good-news stories for the planet ...
s Jeff Currie wrote in a research note Monday. Conversations about peak oil supply and demand have for decades served as a backdrop to energy markets, and the transition from fossil fuels to ...
Currently, everyone in the industry expects peak oil demand after 2030-2035, and none expect a steep decline after the peak—and demand will likely remain at high levels. But supply could ...
International crude oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a decline in U.S. inventories. Brent crude ...