OPEC: Primary Energy Demand to Increase 23% by 2050
18 Articles
18 Articles
Secretary-General of the Organization of Petroleum Exporting Countries attributed the lack of investment to the world's current lack of "diesel, fuel for aircraft and petrol".
The organization warns that the increase of the world population, urbanization and the development of artificial intelligence will trigger demand and demand investments of up to 18 trillion dollars to guarantee the supply of oil and gas
The Organization of the Petroleum Exporting Countries (OPEC) has reduced the estimates regarding the increase of the total demand for oil in 2026 by [...]
OPEC has decided to sharply lower its forecast for global oil demand growth in 2026 to 400,000 barrels per day. OPEC+ maintains its production target in November. OPEC lowers its 2026 oil demand growth forecast for the fifth consecutive time. OPEC+'s role in regulating the oil market is declining.
OPEC slashes 2026 oil demand forecast by over 70% to 400,000 bpd
The Organisation of the Petroleum Exporting Countries (OPEC) has reduced its global oil demand growth forecast for 2026 by more than 70%, from 1.4 million barrels per day (bpd) to 400,000 bpd, reflecting weaker-than-anticipated demand growth during the year.
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