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  1. Monthly Oil Market Report 2023. 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 ...

    • Annual Report

      The OPEC Annual Report features a foreword by the Secretary...

  2. Oct 9, 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. 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 to 2045.

  3. OPECs 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.

  4. Download World Oil Outlook 2023, a comprehensive analysis of the global oil market trends and projections by OPEC. This report covers the supply and demand outlook, the refining sector, the environmental issues and the energy policies affecting the oil industry. The report is available in PDF format and can be accessed for free.

  5. Feb 14, 2023 · OPEC has raised its world oil demand growth forecast for 2023 by 100,000 bpd, to 2.3 million bpd the organization said on Tuesday in its latest edition of the Monthly Oil Market Report.

    • Julianne Geiger
  6. Oct 31, 2022 · The 2023 total demand is up 1.4 million bpd from last year's prediction. OPEC also raised its demand forecasts for the medium term to 2027, saying the figure is up by almost 2 million bpd...

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  8. Global primary energy demand is set to increase from around 291 million bar-rels of oil equivalent per day (mboe/d) in 2022 to close to 359 mboe/d in 2045, an increase of 68.3 mboe/d, or 23% over the outlook period.