OPEC, World Oil Outlook
OPEC's Forecast of Peak Oil Demand: A Long Horizon Ahead
OPEC's latest ‘World Oil Outlook’ paints a bullish picture for oil demand through to 2050, positioning itself as a staunch defender of the idea that oil and gas will remain crucial to global energy. For market participants,
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 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 is highly bullish on long-term oil demand growth. Not everyone agrees
The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic forecasts for robust oil demand growth.
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 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.
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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Oil prices drop 5% on rising OPEC supply, weak China demand
Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...
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OPEC Says Phasing Out Oil Is Just A Fantasy
According to OPEC, oil demand will remain robust for decades, with growing demand in non-OECD regions and the continued need ...
OPEC Secretary-General’s Speech in Brazil Disrupted by Protester
Ghais’s speech in Brazil got off to a rough start after the power went out to the podium and a protester took to the stage.
OPEC looking forward to working with Brazil, secretary general says
OPEC Secretary General Haitham Al Ghais is looking forward to working with Brazil's Energy Minister Alexandre Silveira in the ...
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3 Oil & Gas Stocks With High Upside Potential
Owing to robust global demand, continuous OPEC supply cuts, and advancing economic growth, the oil and gas market is ...
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OPEC Fund signs off on $65m clean energy and infrastructure development financing for Madagascar
Fund for International Development has signed off on two financing agreements with Madagascar totalling $65-million to boost ...
Saudi Arabia to drop $100 crude target to win back market share, FT reports
Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output ...