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It might not be Peak Oil after all. IEA now says, on current path, that demand will grow until 2050.
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Why This Matters
The International Energy Agency (IEA) has revised its forecast, indicating that oil and gas demand will continue to grow until 2050, driven by slower-than-expected adoption of electric vehicles.
Market Impact
Market impact analysis based on bullish sentiment with 71% confidence.
Sentiment
Bullish
AI Confidence
71%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The key international agency forecasting energy demand now says the current path will have consumption of oil and gas growing through 2050, as electric-vehicle adoption misses its earlier estimates.
Original article published by
Unknown
on November 12, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.