OPEC, World Oil Outlook
OPEC rolls out global oil outlook to 2050, sees no peak demand
By Alex Lawler LONDON (Reuters) -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 and a slower shift to electric vehicles and cleaner fuels.
Russia sides with Opec in seeing no peak-oil ahead, but still focuses on gas
Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked overproduction from Russia
OPEC's Forecast of Peak Oil Demand: A Long Horizon Ahead
For investors, OPEC's long-term view suggests that oil-focused stocks will remain attractive, particularly in the context of rising demand from emerging markets and steady upstream investments. OPEC’s forecast of sustained demand creates a compelling case for those investing in upstream oil projects and energy firms.
OPEC and IEA Oil Demand Views Are A World Apart
The chasm between the two forecasting bodies has widened so much in the past two years that they now hold contrasting views on medium and long-term global oil demand and how the world should approach the energy transition.
OPEC sees oil demand continuing to rise until 2050 – Commerzbank
OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes.
No peak oil demand 'on the horizon', phaseout a 'fantasy': OPEC
OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change."What the Outlook underscores is that the fantasy of phasing out oil and gas bears no relation to fact,
Opec sees world oil demand soaring through 2050, countering peak-oil predictions
Opec secretary general Haitham Al Ghais and his Opec research team unveiled the group's latest annual World Oil Outlook at the ROG.e 2024 event in Rio de Janeiro
Expected growth in the developing world sees OPEC raise oil demand outlook
The oil body said there "has been further recognition that the world can only phase in new energy sources at scale when they are genuinely ready”.
OPEC Bullish On Long-term Oil Demand, Oil Up On Geopolitics | The Gold Record Run | Global News
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