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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 report provides a detailed analysis of key developments...
- 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
OPEC’s World Oil Outlook 2024 to be launched in Rio de...
- The OPEC Fund
The OPEC Fund Its 12 Member Countries are: Algeria, Ecuador,...
- Reports
OPEC’s stated objective is to “co-ordinate and unify petroleum policies among Member Countries” to secure pricing for producers, supply for consumers, and return on capital for investors, although the group is best known for its effect on global crude oil prices. OPEC produced an estimated 28.7 million b/d of crude oil in 2022, which was ...
For oil alone, we see demand reaching over 120 million barrels a day by 2050, with the potential for it to be higher. There is no peak oil demand on the horizon. What the Outlook underscores is that the fantasy of phasing out oil and gas bears no relation to fact.
Monthly Oil Market Report 2022. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market ...
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.
OPEC Digital Publications Overview. Monthly Oil Market Report. Annual Statistical Bulletin. Data Policy Disclaimer.
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Nov 2, 2022 · OPEC says the world will hit peak oil demand later than expected because countries are prioritizing energy security over net zero emissions. BY Eamon Barrett. November 2, 2022, 2:42 AM PDT....
