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- LONDON, June 10 (Reuters) - OPEC stuck to its prediction of a strong world oil demand recovery in 2021 led by the United States and China despite uncertainties stemming from the pandemic, pointing to a need for more oil from the producer group.
www.reuters.com/business/energy/opec-sticks-forecast-oil-demand-surge-second-half-2021-2021-06-10/Despite uncertainties, OPEC sticks to forecast of oil demand ...
OPEC’s World Oil Outlook (WOO) is part of the Organization’s commitment to market stability. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry.
- Reports
The OPEC Monthly Oil Market Report (MOMR) covers major...
- OPEC Oil Reserves
Source: OPEC Annual Statistical Bulletin 2024. According to...
- Who Gets What From Imported Oil
Oil is always big news. Every increase in its price is...
- World Oil Outlook Archive
OPEC’s World Oil Outlook (WOO) is part of the Organization’s...
- 60th Anniversary
The OPEC Secretariat noted that the eight OPEC+ countries...
- The OPEC Fund
The OPEC Fund Its 12 Member Countries are: Algeria, Ecuador,...
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The official logo and/or name of the Organization of the...
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- Reports
Sep 28, 2021 · The 2021 OPEC World Oil Outlook (WOO) was launched today in Vienna, Austria. The 15th edition of the WOO presents an in-depth review of the OPEC Secretariat’s ongoing analysis of the impacts of the COVID-19 pandemic, and contains medium- and long-term projections for the global oil and energy industry. This includes analysis of the industry ...
Abu Dhabi, United Arab Emirates, 16 November 2021--The Organization of the Petroleum Exporting Countries (OPEC) today held a special session to present the 15th edition of its World Oil Outlook (WOO), as part of the Organization’s participation at ADIPEC 2021 in Abu Dhabi, United Arab Emirates (UAE). Under the patronage of HH Sheikh Khalifa ...
Sep 28, 2021 · "What is clear in this year's WOO is that energy and oil demand have picked up significantly in 2021, after the massive drop in 2020, and continued expansion is forecast for the...
The global population is set to increase by 1.6 billion between 2021 and 2045, from 7.9 billion to 9.5 billion. Population growth in the non-OECD region accounts for over 96% of the expected total increase, with the OECD accounting for under 4%.
Global interregional crude oil and condensate trade are expected to increase from 36.5 mb/d in 2023 to 41.2 mb/d by 2030 on the back of strong oil demand growth. After 2030, trade is expected to continue to increase further, reaching levels around 46.2 mb/d by 2050.
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Sep 29, 2021 · OPEC's flagship annual publication, the World Oil Outlook 2021, was launched via videoconference in Vienna. OPEC forecasts 6% increase in global oil demand in 2021. Learn about the specific highlights of this year's World Oil Outlook.
