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TotalEnergies Now Sees Oil Demand Peaking Between 2035 and 2040

OilPrice.com · Mon, 02 Nov 2026 17:30:00 GMT

Read the full story at OilPrice.com ↗

OmniFin Portal's take

Excerpt from OilPrice.com: “A year after forecasting that oil demand would keep rising until 2040, TotalEnergies has moved its peak forward to between 2035 and 2040, and says the Iran war could accelerate the energy transition. The company’s annual”

Rule-based headline sentiment: Bullish

Likely macro impact

🟢 Favorable for Gold🟢 Favorable for Oil🔴 Unfavorable for Stocks

Rising geopolitical tension typically drives safe-haven demand into Gold and raises Oil on supply-risk concerns, while weighing on broader equities.

Rule-based keyword read, not AI-generated.

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