The Organisation of Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), both closely monitoring global oil demand trends, are more divided on the fuel market than they have been in at least 16 years. Reuters reported this calculation.
OPEC predicts that oil consumption w...
By Rhod Mackenzie
OPEC disagrees with the forecast of the head of the International Energy Agency (IEA), Fatih Birol, that demand for fossil fuels will peak and decline by 2030, the organisation said.
Earlier in the week, Birol wrote about the future of fossil fuels in a Financial Times column,...