DATA DIVE: The road to ending oil dominance faces many hurdles

Published 14:52 on November 27, 2025 / Last updated at 15:13 on November 27, 2025 / and / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Insights (Data Dives), International (Aviation/CORSIA, Shipping), Net Zero Transition (Transport & Heating Fuels)

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Hopes the world will soon hit peak oil demand have been dented after COP30 ended without a direct reference to fossil fuels in the final decision text, but the world’s crude dependence still faces many twists and turns.
Hopes the world will soon hit peak oil demand have been dented after COP30 ended without a direct reference to fossil fuels in the final decision text, but the world’s crude dependence still faces many twists and turns.


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