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  1. www.reuters.com › business › energyOPEC boosts long-term oil demand outlook, driven by ...

    Sep 24, 2024 · OPEC expects world oil demand to reach 118.9 million barrels per day (bpd) by 2045, around 2.9 million bpd higher than expected in last year's report. The report rolled out its timeline to...

  2. finance.yahoo.com › news › opecs-forecast-peak-oilOPEC's Forecast of Peak Oil Demand: A Long Horizon Ahead

    Sep 26, 2024 · According to its forecast, demand is expected to grow from 102.2 million barrels per day (bpd) in 2023 to 120.1 million bpd by 2050. This outlook contrasts sharply with predictions from the...

  3. www.upstreamonline.com › production › opec-sees-worldOpec sees world oil demand soaring through 2050, countering ...

    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...

  4. www.spglobal.com › commodityinsights › enOPEC raises long-term demand forecasts in rejecting peak oil

    Sep 24, 2024 · Global oil demand will keep rising through at least 2050, OPEC said Sept. 24, as the crude exporting bloc continues to challenge environmental activists and policy makers seeking to curb fossil fuel production and consumption.

  5. www.thenationalnews.com › business › energyOpec boosts long-term oil demand outlook, driven by ...

    Sep 24, 2024 · September 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 cleaner fuels.

  6. www.bnnbloomberg.ca › investing › 2024/09/10OPEC Keeps Demand Forecast Steady Even as It Prolongs Oil Cuts

    Sep 10, 2024 · OPEC kept forecasts for global oil demand broadly steady, even as the cartel and its allies chose to prolong their supply restraints for another two months.

  7. www.france24.com › en › live-newsNo peak oil demand 'on the horizon', phaseout a 'fantasy': OPEC

    Sep 24, 2024 · Demand for oil alone is expected to reach 120.1 million barrels per day (bpd) by 2050, up 17.5 percent from 102.2 million bpd in 2023, the report said. OPEC also raised its forecast for...