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Jun 13, 2024 · OPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116 million barrels a day by 2045, and may be higher, the secretary general said on Thursday.
- OPEC boosts long-term oil demand outlook, driven by ...
OPEC raised its forecasts for world oil demand for the...
- OPEC boosts long-term oil demand outlook, driven by ...
The cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last year. Investment in the oil sector needs to reach an estimated $17.4 ...
- Giulia Petroni
Sep 24, 2024 · "There is no peak demand on the horizon," OPEC Secretary General Haitham al-Ghais said in the organization's World Oil Outlook, which sees global thirst for liquid fuels increasing from 102.2 million b/d in 2023 to 120.1 million b/d in 2050, "with the potential for it to be higher".
- Rosemary Griffin
Sep 24, 2024 · OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower shift to electric vehicles and ...
Jan 17, 2024 · OPEC, in a monthly report, said world oil demand will rise by 1.85 million barrels per day in 2025 to 106.21 million bpd. For 2024, OPEC saw demand growth of 2.25 million bpd, unchanged from last ...
Sep 24, 2024 · World oil demand will soar by almost 18 million barrels per day to 120.1 million bpd by 2050, up from 102.2 million bpd in 2023, driven by demand growth in non-OECD nations, Opec said in its ...
Feb 13, 2024 · By 2025, the gap between the world’s first and second largest oil consumers—the United States and China, is expected to shrink to 3.29 million barrels per day. The difference between oil ...
