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  1. Oct 9, 2023 · World Oil Outlook 2023 sees global oil demand at 116 mb/d in 2045. No 19/2023. Riyadh, Kingdom of Saudi Arabia. 09 Oct 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.

  2. World Oil Demand The world oil demand growth forecast for 2023 remains unchanged from last month’s estimate at 2.5mb/d. Downward revisions in the OECD Europe and Asia Pacific in 3Q23 and 4Q23 offset by upward revisionare s

  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. 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
  5. Oct 12, 2023 · OPEC on Thursday stuck to its forecast for relatively strong growth in global oil demand in 2023 in 2024, citing signs of a resilient world economy so far this year and expected further demand...

  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. Nov 13, 2023 · The Organization of the Petroleum Exporting Countries, or OPEC, on Monday nudged its forecast for 2023 growth in oil demand higher to 2.5 million barrels a day, or mbd, from a projection of...