OPEC says oil demand will hit 110 million barrels per day in 2045

OPEC Sees Global Oil Demand Surging 23% By 2045

OPEC’s Secretary General sees global oil demand surging to 110 million bpd by 2045, a dramatically different forecast from the one given by the IEA.

OPEC Sees Global Oil Demand Surging 23% By 2045

OPEC Sees Global Oil Demand Surging 23% By 2045 Authored by Irina Slav via OilPrice.com, The Secretary General of OPEC sees oil demand rising to 110 million barrels per day by 2045, an 23% increase from current level. The forecast comes in the wake of a prediction from the IEA that demand growth will slow dramatically and peak demand is looming. Both the IEA and OPEC see oil demand being driven by Asia in the observable future, but the g…

Oil is here to stay with global demand set to jump 23% to 110 million barrels a day by 2045, OPEC says

"Gas hydro, nuclear hydrogen and biomass will expand. But it is clear that oil remains an integral part of the mix," OPEC's secretary general said.

OPEC: Oil demand to reach 110 million barrels by 2045

Oil will remain a major fuel source for the world well into the 2040s with demand set to rise to 110 million barrels a day, OPEC Secretary General Haitham Al Ghais told an energy conference in Malaysia on Monday.

OPEC sees global oil demand rising to 110 mln bpd by 2045

OPEC expects global oil demand to rise to 110 million barrels per day (bpd) and overall energy demand to rise 23% by 2045, its Secretary General Haitham Al Ghais said on Monday.

Oil Updates — OPEC sees global oil demand rising to 110m bpd by 2045

RIYADH: Oil prices rose on Monday after a revolt by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world’s largest producers.   Brent futures climbed 70 cents, or 0.95 percent, to $74.55 a barrel at 10:20 a.m. Saudi time, while US West Texas Intermediate crude futures were up 57 cents, or 0.82 percent, at $69.73 a barrel.   OPEC sees global oil d…