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OPEC Expects Global Oil Demand to Grow by 18.5% to Nearly 123Mln Bpd by 2050 - Report

NAMPA / Sputnik
2025-07-10
MOSCOW, July 10 (RIA Novosti) - OPEC expects global oil demand to grow by 18.5% by 2050 compared to the 2024 levels to nearly 123 million barrels per day, according to the organization's World Oil Outlook 2050 released on Thursday. "In the long term, global oil demand is projected to rise by more than 19 mb/d between 2024 and 2050, reaching almost 123 mb/d​​​. While non-OECD oil demand is projected to increase by almost 28 mb/d over the period, O......
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