IEA reverses previous peak oil demand warnings, projects 13% global oil consumption growth by 2050 due to slower EV adoption and economic uncertainties

Oil prices projected to hover near $90 per barrel by 2035

Fossil fuels still have gas left in the tank, road to net zero will be bumpier than anticipated

OPEC welcomes report as rendezvous with reality

For investors, reminder that oil is not done yet in race to net zero

Net zero finish line keeps moving further down the road