The anticipated demand decline would reduce producers' investment rates, he said, decreasing near-term oil production as well as carbon emissions. "The long time horizons of oil investments will ...

Crude oil prices were in the red on Monday as oversupply concerns and poor demand outlook continued to weigh on sentiments.

The OPEC+ oil producers' alliance has postponed plans ... will now extend their 2.2 million-barrel-per day voluntary production decline into the first quarter, and will begin hiking production ...

Interpretating production weakness as permanent is not new: many peak oil advocates who seized on every decline in world oil or Saudi oil production as representing the permanent peak rather than ...