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- OPEC said it expects the world to need 28.9 million bpd from its members in 2022, up 100,000 bpd from last month and theoretically allowing further increases in output.
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.
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Oct 31, 2022 · The 2022 OPEC World Oil Outlook (WOO) was today launched at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022 in the United Arab Emirates (UAE). First published in 2007, the WOO offers a detailed review and assessment of the medium- and long-term prospects for the global oil and energy industries to 2045.
Oct 31, 2022 · OPEC's World Oil Outlook to be launched at ADIPEC on 31 October 2022. 14 Oct 2022 | The 2022 OPEC World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022 in the United Arab Emirates (UAE).
Launch of OPEC’s World Oil Outlook 2022Abu Dhabi, UAE31 October 2022. Launch of OPEC’s World Oil Outlook 2022Abu Dhabi, UAE31 October 2022.
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OPEC Digital Publications Overview. Monthly Oil Market Report. Annual Statistical Bulletin. Data Policy Disclaimer.
OPEC total liquids supply. Non-OPEC supply peaks at just over 72 mb/d around 2030, before declining again to 67.5 mb/d in 2045. As a result, OPEC liquids will grow steadily from 2030, to 42.4 mb/d in 2045, increasing market share from 33% to 39% over the entire forecast period.
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OPEC estimates show that the world markets could demand more oil for the next decade, despite a push toward renewable energy and electric cars. Tom Kloza, global head of energy analysis at...
- 4 min