The collapse in global oil demand looks set to continue into 2021 according to the International Energy Agency’s latest analysis. They conclude that demand won’t rise above the 2019 level of 99.8 mbd before 2022 or even 2023 depending on the path the coronavirus takes. If there is a second wave – as many fearContinue reading “Oil demand weak into next year…at least”
Tag Archives: peak oil
Is Peak Oil now behind us?
In the last blog on energy a couple of weeks ago I highlighted two different views about Peak Oil out in the market: those who thought that the moment of Peak Oil (as in maximum oil demand rather than worries about maximum oil supply – which today seems a somewhat outdated concern) was now behindContinue reading “Is Peak Oil now behind us?”
Global Energy Comment 