Oil and gas demand to rise for 25 years without global change of course, says IEA
Market Intelligence Analysis
AI-PoweredThe International Energy Agency (IEA) has released a new report predicting a 25-year increase in oil and gas demand, citing a decline in global commitment to climate change. This scenario suggests a pessimistic outlook for the energy sector, with a continued reliance on fossil fuels. The report highlights the need for a significant shift in energy policies to meet climate goals.
Market impact analysis based on bearish sentiment with 76% confidence.
Article Context
International energy watchdog sets out new pessimistic scenario to reflect fading commitment to climate change
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