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      • The WOO 2022 launch represents the culmination of months of planning, writing, review and production, and should be viewed as a helpful and insightful reference tool, one that underscores OPEC’s commitment to dialogue, knowledge-sharing and data transparency.
      www.opec.org/opec_web/en/press_room/7042.htm
  1. 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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  2. Oct 31, 2022 · The WOO 2022 launch represents the culmination of months of planning, writing, review and production, and should be viewed as a helpful and insightful reference tool, one that underscores OPEC’s commitment to dialogue, knowledge-sharing and data transparency.

  3. Foreword. For OPEC, it is a great honour to launch the World Oil Outlook (WOO) 2024 in Brazil. The country’s comprehensive and inclusive approach to energy issues has been on display through its G20 presidency in 2024, and will no doubt be central to its hosting of COP30 in 2025.

  4. Oct 31, 2022 · 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 industries to 2045. OPEC's World Oil Outlook to be launched at ADIPEC on 31 October 2022.

  5. Outlook extended to 2050, further underscoring the challenges of energy security and reducing emissions. This year’s World Oil Outlook (WOO) extends its perspective through to 2050, shedding further light on pivotal global trends and shifts.

  6. The Outlook discusses critical issues, challenges and opportunities that the global energy industry, in general, and the oil industry, in particular, could face in the coming decades, touching on such factors as energy policy and climate negotiations, investment and the role of new technologies.

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  8. OPEC total liquids supply. Non-OPEC supply peaks at just over 72 mb/d around 2030, before declining again to 67.5 mb/d in 2045. As a result, OPEC liquids will grow steadily from 2030, to 42.4 mb/d in 2045, increasing market share from 33% to 39% over the entire forecast period.

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