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There’s a New Forecast for Peak Oil Demand. It’s Increasingly Cloudy.

12 November 2025 at 09:10
The International Energy Agency once projected that oil and gas demand could level off by 2030. Now it’s backing off, sort of.

Β© Alexander Manzyuk/Reuters

Pump jacks in Russia in 2023. The energy agency’s reports are influential and often cited by energy companies and investors as a basis for long-term planning.
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