A new report says worldwide oil demand will peak in 2029. Some oil industry observers are skeptical.

Payne Institute Director Morgan Bazilian is featured on this podcast discussing the how global oil demand will peak before the end of the decade, according to a new report from the International Energy Agency.  However, OPEC, by contrast, predicts the peak won’t come until 2045.  So which one’s estimate is more likely to be right?  June 13, 2024.