Why the IEA Now Sees Peak Oil Demand by 2030

Episode 121 of Energy Economics with Fexingo dives into the International Energy Agency's latest World Energy Outlook, which for the first time projects that global oil demand will peak before 2030. Lucas and Luna unpack the key drivers—EV adoption in China and Europe, efficiency gains, and slowing petrochemical demand—and what this means for oil producers, OPEC, and long-term investors. They also examine why the IEA's forecast diverges from OPEC's own outlook, and how markets are pricing in this structural shift. Plus, a brief note on why Fexingo stays ad-free and how listeners can support that choice. #IEA #PeakOil #WorldEnergyOutlook #OilDemand #EVs #OPEC #EnergyTransition #OilMarkets #ChinaEVs #ElectricVehicles #ClimatePolicy #EnergyEconomics #FexingoBusiness #LucasAndLuna #BusinessPodcast #Economics #Investing #OilPrices Keep every episode free: buymeacoffee.com/fexingo