In its world energy outlook for 2025, the international energy agency reverses prior predictions of peak oil demand by 2030. The international energy agency’s latest outlook signals that oil demand may continue rising into 2050, a sharp shift from its previous reports and a stark reminder of how dominant black gold. The international energy agency has dropped its predictions that oil demand growth will peak in a matter of a few years In the latest edition of its world energy outlook, the iea said oil and gas. Global demand for oil and natural gas could grow until 2050, the international energy agency said wednesday, departing from previous expectations of a speedy transition to cleaner fuels following. In its current policies scenario, the international energy agency forecast demand for oil rises to 113 million barrels per day through 2050, as electric vehicle uptake stalls outside of china and.
The international energy agency once projected that oil and gas demand could level off by 2030 Now it’s backing off, sort of.
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