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102.2 million barrels per day
- OPEC firmly believes that the global demand for oil will continue to rise until at least 2050. According to its forecast, demand is expected to grow from 102.2 million barrels per day (bpd) in 2023 to 120.1 million bpd by 2050.
finance.yahoo.com/news/opecs-forecast-peak-oil-demand-190000806.html
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5 days ago · OPEC extends forecast to 2050, with demand at 120.1 mln bpd. OPEC sees no peak demand, unlike BP and IEA forecasts. OPEC calls for $17.4 tln investment in oil industry by 2050. LONDON/RIO DE ...
4 days ago · Demand Growth in the Foreseeable Future. OPEC firmly believes that the global demand for oil will continue to rise until at least 2050. According to its forecast, demand is expected to grow from ...
5 days ago · This year's outlook pegs oil demand at 118.9 million b/d for 2045, a 2.5% upward revision, and then adds the 2050 forecast, which OPEC said reveals the extent to which India, alongside some other Asian economies, the Middle East and Africa will drive demand growth.
5 days ago · World oil consumption is set to increase by 17.9 MMbpd, or roughly 18%, to 120.1 MMbpd by 2050, the Organization of Petroleum Exporting Countries said in its annual long-term outlook. It raised ...
2 days ago · “OPEC's forecast is thus more than 6 million barrels per day higher than that of the IEA, which expects demand to start falling after 2029. OPEC assumes that e-mobility will advance at a...
6 days ago · Opec expects world oil demand to reach 118.9 million barrels per day by 2045, about 2.9 million bpd higher than expected in last year's report. The report detailed its timeline to 2050 and expects demand to hit 120.1 million bpd by then. That is far above other 2050 forecasts from the industry.
5 days ago · OPEC predicts the share of the non-OECD in global primary energy demand increases to 71.5% in 2050, up from below 65% in 2023. The report predicts only coal demand will fall (down 29 mboe/d),...
