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1. • • 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 trimmed supply forecasts for Russia and other non-OPEC producers, pointing to a tighter market.
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     OPEC raises 2023 oil demand growth view, points to tighter ...

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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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   Will OPEC rethink the long-term oil demand outlook in 2023?

   • This past year has seen the OPEC Secretariat research team take on board a variety of energy policy shifts, reassessments of the speed and nature of energy transitions, as well as developments in the economic landscape, to revise up the long-term oil demand outlook in our World Oil Outlook (WOO) 2023 to 116 million barrels a day (mb/d) by 2045.

   Why has OPEC increased its long-term oil demand outlook in the WOO …

   www.opec.org/opec_web/en/press_room/7232.htm

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   Why did OPEC raise its forecasts for world oil demand?

   • LONDON/RIO DE JANEIRO, Sept 24 (Reuters) - 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.

   OPEC boosts long-term oil demand outlook, driven by developing worl…

   www.reuters.com/business/energy/opec-rolls-out-global-oil-outlook-2050-sees-no-peak-demand-2024-09-24/

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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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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.

   • OPEC : Why has OPEC increased its long-term oil demand ...

     In the WOO 2023, global energy demand expands by 23% in the...

4. www.opec.org › opec_web › enOPEC : Why has OPEC increased its long-term oil demand ...

   www.opec.org › opec_web › en

   • Cached

   Oct 19, 2023 · In the WOO 2023, global energy demand expands by 23% in the period to 2045, with global oil demand increasing by around 17%, and renewables (including solar, wind, biomass and hydro) expanding by more than 200%, albeit from a low base.

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

   www.reuters.com › business › energy

   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 › 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,...

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.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.

10. publications.opec.org › wooOPEC Digital Publications - World Oil Outlook

    publications.opec.org › woo

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    Global energy demand in this year’s WOO is set to expand by 24% in the period to 2050, driven by significant expansion in the non-OECD region. The Outlook sees the need for an expansion in all energy sources, with the exception of coal. For oil alone, we see demand reaching over 120 million barrels a day by 2050, with the potential for it to ...