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News in English (USA) / 12.11.2025 / 09:00

IEA Forecasts Oil and Gas Demand Growth Amid Renewables Surge

The International Energy Agency (IEA) has released a revised outlook indicating that global oil and gas demand may continue to rise until 2050, driven by current policies and economic circumstances. Despite increasing investments in renewables, which are rapidly transforming the energy landscape, the IEA predicts that fossil fuel demand will not peak this decade. Analysts have pointed out significant security risks associated with energy reliance, urging for diversification and cooperation. The shift to renewables is gaining momentum, yet the study highlights the need for urgent action to align with climate goals and mitigate emissions.
The New York Times, The Guardian, IEA – International Energy Agency, Financial Times, Reuters, Bloomberg.com, Axios, The Wall Street Journal, Crude Oil Prices Today | OilPrice.com, Electrek