'Peak Oil' will arrive by 2030, IEA predicts for the first time

Contributing sentiments towards policy:

59% : Global oil consumption will follow the same path as demand for other hydrocarbons.
55% : The world will consume as much as 102 million barrels a day of oil by the late 2020s, with the volumes dropping to 97 million barrels a day by mid-century, according to the base-case, called the Stated Policies Scenario, laid out on Tuesday in the IEA's annual World Energy Outlook.
49% : The IEA also assumes that in the years to come Iran and Venezuela will be able to grow their output thanks to a gradual relaxation of international sanctions.
44% : "Claims that oil and gas represent safe or secure choices for the world's energy and climate future look weaker than ever.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.