OPEC Says Global Oil Consumption Will Hit 123 Million bpd by 2050 ...Middle East

OILPRICE - Economy
OPEC Says Global Oil Consumption Will Hit 123 Million bpd by 2050
source : OILPRICE ( Middle East ) () 31
“There is no peak oil demand on the horizon,” OPEC Secretary General Haitham Al Ghais wrote in the foreword of OPEC’s latest World Oil Outlook (WOO), which sees global oil demand growing by about 19% from now until 2050 to reach 123 million barrels per day (bpd). In view of slowing Chinese demand growth, OPEC revised down its oil demand growth forecasts for all years between 2025 and 2029. However, global economic development with growing demand for oil and an increasing global population and middle class are set to underpin demand…

Hence then, the article about opec says global oil consumption will hit 123 million bpd by 2050 was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( OPEC Says Global Oil Consumption Will Hit 123 Million bpd by 2050 )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
TAYLOR DEVICES ANNOUNCES FISCAL YEAR 2026 SECOND QUARTER AND FIRST HALF RESULTS INCLUDING RECORD HIGH SALES FOR BOTH THE SECOND QUARTER AND FIRST HALF
PR Newswire - before 4 hours & 42 minute
Xinhua Silk Road: Promotional film "Joining Minhang, Winning the Future" makes global online debut
PR Newswire - before 11 hour & 3 minute
Arzopa to Unveil Portable Display and Smart Digital Frame Innovations at CES 2026
PR Newswire - before hour & 59 minute
Greener stays, greater impact: How Wyndham Hotels are powering sustainable travel in Saudi Arabia
ٍٍٍSaudi Gazette - before hour & 49 minute
Cango Inc. Verzekert 10,5 miljoen USD aan investeringen van EWCL om de groei te versnellen
PR Newswire - before 6 hours & 42 minute
TennRich expande el ecosistema de energía portátil Energizer® en Europa con disponibilidad inmediata de stock
PR Newswire - before 6 hours & 12 minute
Carolyn DuChene joins Board of Directors of MUFG Americas Holdings Corporation and U.S. Advisory Board
PR Newswire - before 3 hours & 12 minute
Discovery Point Franchising, Mooresville Celebrates One Year of Learning, Growth, and Community Impact
PR Newswire - before 3 hours & 2 minute
These companies say AI is key to their four-day workweeks
Washington Post - before 8 hours & 9 minute
Dollar on track for annual decline amid stable Yen, rebounding Euro, pound sterling
SABA NET - before 3 hours & minute
The Growing Backlash Against Data Center Expansion
OILPRICE - before 2 hours & 21 minute
How to do Martin Lewis-backed 1p savings challenge in 2026
INDEPENDENT - before 3 hours & 10 minute


Latest News

Protests Push Iran Into a New Phase of Turmoil

before 18 minute

NatGold Token Reservations Surpass a Quarter Billion Dollars, Marking a Year-End Milestone

before 20 minute

Greener stays, greater impact: How Wyndham Hotels are powering sustainable travel in Saudi Arabia

before hour & 49 minute

Arzopa to Unveil Portable Display and Smart Digital Frame Innovations at CES 2026

before hour & 59 minute

Liberia: Liberia Eyes U.S.$3b Revenue Potential From Mining, Energy Sector

before 2 hours & 5 minute

The Growing Backlash Against Data Center Expansion

before 2 hours & 21 minute

Dollar on track for annual decline amid stable Yen, rebounding Euro, pound sterling

before 3 hours & minute

Discovery Point Franchising, Mooresville Celebrates One Year of Learning, Growth, and Community Impact

before 3 hours & 2 minute

How to do Martin Lewis-backed 1p savings challenge in 2026

before 3 hours & 10 minute

Carolyn DuChene joins Board of Directors of MUFG Americas Holdings Corporation and U.S. Advisory Board

before 3 hours & 12 minute

COLE HAAN UNVEILS GRANDPRØ TENNIS 2.0: A NEW ERA OF LIGHTNESS INNOVATION

before 3 hours & 29 minute

TAYLOR DEVICES ANNOUNCES FISCAL YEAR 2026 SECOND QUARTER AND FIRST HALF RESULTS INCLUDING RECORD HIGH SALES FOR BOTH THE SECOND QUARTER AND FIRST HALF

before 4 hours & 42 minute

Khachkar Studios Publishes New Systems Map of a Failing U.S. Armenian Christian Ecosystem

before 5 hours & 4 minute

TennRich expande el ecosistema de energía portátil Energizer® en Europa con disponibilidad inmediata de stock

before 6 hours & 12 minute

CGTN: polityka wewnętrzna Chin: kluczowe priorytety płynące z inspekcji i spotkań prowadzonych przez prezydenta Xi w 2025 roku

before 6 hours & 27 minute