Energy Daily

The IEA Isn’t So Sure About Peak Oil Anymore: Energy Daily

The energy watchdog says it’s possible global oil consumption could keep increasing through the middle of the century.
An oil drilling rig in Midland, Texas.Photographer: Sergio Flores/Bloomberg
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Welcome to our guide to the commodities driving the global economy. Today, reporter Grant Smith looks at the International Energy Agency’s tempered outlook for peak oil demand.

For several years, one of the world’s top oil forecasters seemed sure that demand growth would soon plateau. That certainty is fraying.