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- OPEC made a shift in 2020 when the pandemic hit demand, saying it would eventually slow after years of predicting ever-increasing consumption. In the report, OPEC maintained its view that world demand will plateau after 2035.
www.reuters.com/business/energy/opec-raises-long-term-oil-demand-view-calls-investment-2022-10-31/
Sep 28, 2021 · Summary. Group says oil demand in 2023 to surpass 2019 level. Trims 2030, 2045 oil demand forecasts. Says global oil demand to plateau after 2035. Sees OPEC supply in 2026 still...
- OPEC raises oil demand view in long-term outlook | Reuters
While the 2022 version of OPEC's report anticipated global...
- OPEC raises long-term oil demand view, calls for investment
OPEC raises 2030, 2045 oil demand forecasts; Maintains view...
- OPEC raises oil demand view in long-term outlook | Reuters
Sep 28, 2021 · OPEC also lowered its estimates for longer-term oil demand in the report, citing changes to consumer behaviour brought by the pandemic and competition from electric cars. Global demand is expected to plateau after 2035, it said. Last year's report said world oil demand would exceed 2019's rate in 2022, not 2023.
Sep 28, 2021 · Global demand is expected to plateau after 2035, it said. Last year's report said world oil demand would exceed 2019's rate in 2022, not 2023. Now, world oil demand is expected to...
Sep 28, 2021 · Global demand is expected to plateau after 2035, the report said. Last year’s report said world oil demand would exceed 2019’s rate in 2022, not 2023. Now demand is expected to reach 106.6 million bpd in 2030, down 600,000 bpd from last year’s figure and 11 million bpd lower than OPEC’s view in 2007 of what 2030 demand would be.
Oct 9, 2023 · While the 2022 version of OPEC's report anticipated global demand reaching a plateau after 2035, the latest sees oil use rising by another 1.6 million bpd in the last 10 years of the forecast...
Oct 31, 2022 · OPEC raises 2030, 2045 oil demand forecasts; Maintains view that oil demand will plateau after 2035; Sees $12.1 trillion of oil investment needed to 2045
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Sep 28, 2021 · Global demand is expected to plateau after 2035, the report said. Last year’s report said world oil demand would exceed 2019′s rate in 2022, not 2023. Now demand is expected to reach...