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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. It is also a channel to encourage dialogue, cooperation and transparency between OPEC ...
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Sep 28, 2021 · No 28/2021. Vienna, Austria. 28 Sep 2021. The 2021 OPEC World Oil Outlook (WOO) was launched today in Vienna, Austria. The 15th edition of the WOO presents an in-depth review of the OPEC Secretariat’s ongoing analysis of the impacts of the COVID-19 pandemic, and contains medium- and long-term projections for the global oil and energy industry.
Abu Dhabi, United Arab Emirates, 16 November 2021--The Organization of the Petroleum Exporting Countries (OPEC) today held a special session to present the 15th edition of its World Oil Outlook (WOO), as part of the Organization’s participation at ADIPEC 2021 in Abu Dhabi, United Arab Emirates (UAE). Under the patronage of HH Sheikh Khalifa ...
Sep 28, 2021 · In its annual World Oil Outlook, OPEC acknowledged that more electric vehicles on the ... "What is clear in this year's WOO is that energy and oil demand have picked up significantly in 2021 ...
2021. 2020. Account ... 2024 World Oil Outlook 2050 ... OPEC World Oil Outlook. Links. OPEC Website. OPEC Digital Publications Overview. Monthly Oil Market Report.
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 regions. Urbanization trends are set to intensify, with an estimated two- thirds ...
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Non-OECD oil demand is projected to increase by a healthy 9.6 mb/d between 2023 and 2029 to reach 66.2 mb/d, while OECD demand is set to oscillate around 46 mb/d over the same period. In the long term, global oil demand is expected to increase by almost 18 mb/d, rising from 102.2 mb/d in 2023 to 120.1 mb/d in 2050.
