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Energy Forecast

All articles tagged with #energy forecast

business2 months ago•1 min saved

IEA: Oil and Gas Demand May Persist Until 2050 Amid Uncertain Climate Progress

The International Energy Agency (IEA) predicts that global demand for oil and gas will continue to rise for the next 25 years unless significant changes are made to address climate issues, highlighting a concerning outlook for energy and environmental sustainability.

via Financial Times|

#business #climate-change #energy-forecast

business5 months ago•2 min saved

OPEC+ Approves Major Oil Production Increase to Two-Year High

Opec+ has announced a significant increase in oil production quotas, reversing nearly two years of supply restrictions, which could lead to an oversupply in the market and impact oil prices, with forecasts suggesting a potential tightening in 2026-2027 as non-Opec producers slow their output growth.

via Financial Times|

#business #energy-forecast #market-supply