OPEC boosts long|term oil demand outlook

OPEC launches WOO 2024 and sees global oil demand at over 120 ...

This year's publication sees the timeframe extended to 2050 with energy demand set to increase by 24% and oil demand reaching 120.1 million barrels a day.

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

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.

World Oil Outlook - OPEC.org

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 ...

OPEC is bullish on long-term oil demand growth. Not everyone agrees

The oil producer group's 2024 World Oil Outlook report, released Tuesday, predicts strong energy demand growth of 24% globally between now and 2050.

OPEC raises long-term demand forecasts in rejecting peak oil

This year's outlook pegs oil demand at 118.9 million b/d for 2045, a 2.5% upward revision, and then adds the 2050 forecast, which OPEC said ...

OPEC again cuts 2024, 2025 oil demand growth forecasts - Reuters

In a monthly report on Tuesday, OPEC said world oil demand would rise by 1.82 million barrels per day in 2024, down from growth of 1.93 million ...

OPEC Doubles Down on Forecast for Unfettered Oil Demand Growth

World oil consumption is set to increase by 17.9 ... Organization of Petroleum Exporting Countries said in its annual long-term outlook.

OPEC Further Trims Oil-Demand Outlook - WSJ

The Vienna-based cartel now expects demand to grow by 1.93 million barrels a day this year and 1.64 million barrels a day in 2025, from 2.03 ...

World Oil Outlook: OPEC Digital Publications

For oil alone, we see demand reaching over 120 million barrels a day by 2050, with the potential for it to be higher. There is no peak oil demand on the horizon ...

OPEC Boosts Long-Term Oil Demand Outlook, Driven by ...

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.

OPEC cuts oil demand growth forecast for third month in a row

In its latest Monthly Oil Market Report, the producer group said global oil demand would grow by 100,000 b/d less than it had forecast in ...

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

LONDON/RIO DE JANEIRO (Reuters) -OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, ...

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

OPEC boosts long-term oil demand outlook, driven by developing world growth. OPEC raised its forecasts for world oil demand for the medium and ...

Brent crude oil price and global oil inventory change - EIA

By 2Q25, we expect OPEC+ production increases and supply growth from countries outside of OPEC+ will outweigh global oil demand growth and cause oil to be put ...

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

The OECD oil demand increase comes on the back of significant energy and economic-related developments, as populations glimpse what many initial ...

OPEC forecasts global oil demand to reach 116 million b/d in 2045

OECD demand is expected to see a modest uptick of 500,000 b/d. In the long-term, global oil demand is expected to increase by more than 16 ...

Oil: OPEC raises global crude demand outlook through to 2045

In the medium term, OPEC said global oil demand was likely to reach a level of 110.2 million bpd in 2028, reflecting a jump of 10.6 million bpd ...

World oil demand just keeps on rising - OPEC.org

OPEC's latest annual World Oil Outlook projects that demand will increase throughout the reference case period up to 2035.

What's Happening to Oil Market Forecasts? - Baker Institute

In January of this year, OPEC forecast global demand growth for 2024 of nearly 2.3 Mb/d, significantly higher than either the EIA or IEA, with ...

OPEC and IEA at Odds Over Long-Term Oil Demand Outlook - AGSIW

The forecast contrasts with OPEC's bullish view of oil demand growth to 2045, which OPEC revised sharply higher in its own World Oil Outlook ...