energy consumption News

EIA Forecasts Brent Crude to Hit $91 per Barrel by 2050 Amid Shifting Energy Consumption Trends

The EIA predicts Brent crude prices will rise to $91 per barrel by 2050, with WTI reaching $89. US energy consumption is expected to decline before rising again in the 2040s, yet r...

EIA Forecasts Brent Crude Oil to Hit $91 per Barrel by 2050, Signaling Long-Term Energy Shifts

The EIA predicts Brent crude oil prices will rise to $91 per barrel by 2050, with WTI reaching $89. US energy consumption is expected to decline before rebounding in the 2040s, but...

IEA Downgrades 2025 Oil Demand Outlook Amid Changing Global Dynamics

The International Energy Agency has adjusted its 2025 global oil demand growth forecast to 1.05 million bpd, citing factors like lower fuel prices and colder weather. It also expec...