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

    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.

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

    World Oil Outlook. 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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  4. www.opec.org › opec_web › enMonthly Oil Market Report 2023 - OPEC

    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 ...

  5. publications.opec.org › woo › chapterOPEC Digital Publications - World Oil Outlook

    Global population growth, urbanization trends, drive energy demand requirements. The outlook is underscored by a robust increase in the world’s population, with projections indicating a rise to 9.7 billion by 2050 from a level of just over eight billion today. This growth is predominantly driven by a substantial demographic surge in non-OECD ...

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

    5 days ago · OPEC extends forecast to 2050, with demand at 120.1 mln bpd. OPEC sees no peak demand, unlike BP and IEA forecasts. OPEC calls for $17.4 tln investment in oil industry by 2050. LONDON/RIO DE ...

  7. www.reuters.com › markets › commoditiesOPEC raises oil demand view in long-term outlook | Reuters

    Oct 9, 2023 · World demand in 2028 will reach 110.2 million bpd, OPEC said, up from 102 million bpd in 2023. It predicted oil use in 2027 would reach 109 million bpd, up from 106.9 million bpd...

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

    Feb 14, 2023 · The OPEC report was upbeat on economic prospects, nudging up its 2023 global growth forecast to 2.6% from 2.5%, though it said that a relative slowdown remained evident and cited high...