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1. • 2.5 million barrels a day

     • 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 2.4 mbd in October.
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     OPEC nudges up forecast for 2023 oil-demand growth, leaves ...

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   What is the 2023 OPEC World Oil Outlook?

   • 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.

   World Oil Outlook 2023 sees global oil demand at 116 mb/d in 2045

   www.opec.org/opec_web/en/press_room/7225.htm

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   Why did OPEC raise its 2023 global oil demand forecast?

   • OPEC has revised upward its 2023 global oil demand growth forecast in its first upward revision for months. This is due to China's relaxation of COVID-19 restrictions. Additionally, OPEC trimmed supply forecasts for Russia and other non-OPEC producers, pointing to a tighter market.

   OPEC raises 2023 oil demand growth view, points to tighter market

   www.reuters.com/business/energy/opec-raises-forecast-china-led-oil-demand-growth-2023-2023-02-14/

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   What will OPEC expect in 2023?

   • In its 2023 World Oil Outlook, OPEC said it expects global demand to reach 116 million barrels per day (bpd) by 2045, up from 99.6 million bpd in 2022 and roughly 6 million more bpd than it predicted in last year’s report. OPEC made clear that there’s potential for this jump to be even higher, too.

   Oil: OPEC raises global crude demand outlook through to 2045 - CNBC

   www.cnbc.com/2023/10/09/oil-opec-raises-global-crude-demand-outlook-through-to-2045.html

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   What will OPEC's oil demand look like in 2028?

   • In the medium term, OPEC said global oil demand was likely to reach a level of 110.2 million bpd in 2028, reflecting a jump of 10.6 million bpd when compared to 2022 levels.

   Oil: OPEC raises global crude demand outlook through to 2045 - CNBC

   www.cnbc.com/2023/10/09/oil-opec-raises-global-crude-demand-outlook-through-to-2045.html

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3. www.opec.org › opec_web › enOPEC : World Oil Outlook 2023 sees global oil demand at 116 ...

   www.opec.org › opec_web › en

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   Oct 9, 2023 · World Oil Outlook 2023 sees global oil demand at 116 mb/d in 2045. 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.

   • World Oil Outlook

     OPEC’s World Oil Outlook (WOO) is part of the Organization’s...

4. www.opec.org › opec_web › enWorld Oil Outlook - OPEC

   www.opec.org › opec_web › en

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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.

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6. www.opec.org › OPEC_MOMR_June_2023Feature article: World oil market prospects for the second ...

   www.opec.org › OPEC_MOMR_June_2023

   For 2023, the forecast for world oil demand growth remain broadly unchanged at 2.3 mb/d. s China, Latin America, and the Middle East have been revised up slightly, while OECD Europe, Other Asia and Africa have been adjusted slightly lower.

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

   finance.yahoo.com › news › opecs-forecast-peak-oil

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   4 days ago · The World Oil Outlook estimates that oil will still comprise around 29.3% of global energy by 2050, only slightly down from 30.9% today. However, OPEC's forecasts run counter to the broader push ...

8. www.cnbc.com › 2023/10/09 › oil-opec-raises-globalOil: OPEC raises global crude demand outlook through to 2045

   www.cnbc.com › 2023/10/09 › oil-opec-raises-global

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   Oct 9, 2023 · In its 2023 World Oil Outlook, OPEC said it expects global demand to reach 116 million barrels per day (bpd) by 2045, up from 99.6 million bpd in 2022 and roughly 6 million more bpd than...

9. www.reuters.com › business › energyOPEC forecasts oil demand rebound before post-2035 plateau

   www.reuters.com › business › energy

   Sep 28, 2021 · Oil use will rise by 1.7 million barrels per day in 2023 to 101.6 million bpd, OPEC said its 2021 World Oil Outlook, adding to robust growth already predicted for 2021 and 2022 , and pushing...

10. www.reuters.com › business › energyOPEC raises 2023 oil demand growth view, points to tighter ...

    www.reuters.com › business › energy

    Feb 14, 2023 · LONDON, Feb 14 (Reuters) - OPEC has raised its 2023 global oil demand growth forecast in its first upward revision for months, due to China's relaxation of COVID-19 restrictions, and...