Vitol Pushes Back Peak Oil Demand to Mid-2030s

Vitol expects global oil demand to peak around the middle of the 2030s, due to forecasts of slower uptake of electric vehicles, the world’s biggest independent oil trader…

 

  • Related Posts

    IEA Cuts Russia’s Oil Production Forecast Due to Ukrainian Attacks

    Russia’s oil production in 2026 and 2027 is set to be lower than previously expected, due to intensified Ukrainian drone attacks on Russia’s energy infrastructure, the International Energy Agency said…

    India’s State Nuclear Firm In Search of Global Uranium Assets

    Indian state-owned NTPC Ltd, the biggest utility in the country, is looking to acquire stakes in uranium assets globally to secure fuel for the expected massive expansion of India’s nuclear…

    Have You Seen?

    Advanced Simulations Offer New Insights into Grid-Scale Battery Aging

    • July 11, 2026
    Advanced Simulations Offer New Insights into Grid-Scale Battery Aging

    US Energy Firms Add Rigs for Fourth Week in a Row, Says Baker Hughes

    • July 11, 2026
    US Energy Firms Add Rigs for Fourth Week in a Row, Says Baker Hughes

    Oil Prices Settle Lower on Hopes for Smoother Shipping in Strait of Hormuz

    • July 11, 2026
    Oil Prices Settle Lower on Hopes for Smoother Shipping in Strait of Hormuz

    US Issues Fresh Iran-Related Sanctions, Website Shows

    • July 11, 2026
    US Issues Fresh Iran-Related Sanctions, Website Shows

    IEA Cuts Russia’s Oil Production Forecast Due to Ukrainian Attacks

    • July 10, 2026
    IEA Cuts Russia’s Oil Production Forecast Due to Ukrainian Attacks

    US Natgas Falls 4% to 8-Week Low on Milder Weather Outlook, Lower LNG Export Flows

    • July 10, 2026
    US Natgas Falls 4% to 8-Week Low on Milder Weather Outlook, Lower LNG Export Flows

    Helium projects need partnerships from ‘day one’ to meet global deficit

    • July 10, 2026
    Helium projects need partnerships from ‘day one’ to meet global deficit

    Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate

    • July 10, 2026
    Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate

    India Expands Strategic Oil Reserves With New ONGC Storage Plan

    • July 10, 2026
    India Expands Strategic Oil Reserves With New ONGC Storage Plan

    More LNG Carriers Brave the Strait of Hormuz Despite Renewed Hostilities

    • July 10, 2026
    More LNG Carriers Brave the Strait of Hormuz Despite Renewed Hostilities