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- World oil demand in 2023 will rise by 2.25 million barrels per day (bpd), or about 2.3%, the Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report.
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Oct 9, 2023 · World Oil Outlook 2023 sees global oil demand at 116 mb/d in 2045. No 19/2023. Riyadh, Kingdom of Saudi Arabia. 09 Oct 2023. The 2023 OPEC World Oil Outlook (WOO) was launched today at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in the Kingdom of Saudi Arabia.
- OPEC Digital Publications - World Oil Outlook
Global population growth, urbanization trends, drive energy...
- OPEC Digital Publications - World Oil Outlook
The world oil demand growth forecast for 2023 is revised up marginally from the previous month’s assessment to 2.5 mb/d. Revisions to data for the OECD countries throughout the first three quarters largely offset each other. In the nonOECD, - the upward revisions to China’s oil demand in both 3Q23 and 4Q23 outpaced the
For 2023, the forecast for world oil demand growth remain broadly unchanged at 2.3 mb/d. s China, Latin America, and the Middle East have been revised up slightly, while OECD Europe, Other Asia and Africa have been adjusted slightly lower.
Oct 9, 2023 · World demand in 2028 will reach 110.2 million bpd, OPEC said, up from 102 million bpd in 2023. It predicted oil use in 2027 would reach 109 million bpd, up from 106.9 million bpd...
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 ...
Global population growth, urbanization trends, drive energy demand requirements. The outlook is underscored by a robust increase in the world’s population, with projections indicating a rise to 9.7 billion by 2050 from a level of just over eight billion today. This growth is predominantly driven by a substantial demographic surge in non-OECD ...
Feb 14, 2023 · OPEC has raised its 2023 global oil demand growth forecast in its first upward revision for months, due to China's relaxation of COVID-19 restrictions, and trimmed supply forecasts for...
