OPEC expected to stick to view of long-term oil demand rise

Summary by Reuters

OPEC is likely to maintain its view world oil demand will rise for another decade, longer than many other forecasters predict, in a forthcoming major report, despite the growing role of renewables and electric cars, two OPEC sources said.

Published 3 months ago · Riyadh, Saudi Arabia

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Times of India

OPEC expected to stick to view of long-term oil demand rise

The Organization of the Petroleum Exporting Countries is scheduled to update its long-term oil demand forecasts in its 2022 World Oil Outlook on Oct. 31. The 2021 version sees oil demand plateauing after 2035.

3 months ago·Mumbai, India

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Reuters

OPEC expected to stick to view of long-term oil demand rise

3 months ago·United Kingdom

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Channel News Asia

OPEC expected to stick to view of long-term oil demand rise

LONDON : OPEC's view that world oil demand will keep rising for longer than many other forecasters predict is not expected to change much in its forthcoming major report, despite the growing role of renewables and electric cars, two OPEC sources said.The Organization of the Petroleum Exporting Countries i

3 months ago·Singapore

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Financial Post

OPEC expected to stick to view of long-term oil demand rise

LONDON -- OPEC is likely to maintain its view world oil demand will rise for another decade, longer than many other forecasters predict, in a forthcoming major report, despite the growing role of renewables and electric cars, two OPEC sources said. Read More

3 months ago·Canada

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Arab News

OPEC expected to stick to view of long-term oil demand rise

Fri, 2022-10-28 12:36 LONDON: OPEC is likely to maintain its view world oil demand will rise for another decade, longer than many other forecasters predict, in a forthcoming major report, despite the growing role of renewables and electric cars, two OPEC sources said. The Organization of the Petroleum Exporting Countries is scheduled to update its long-term oil demand forecasts in its 2022 World Oil Outlook on Oct. 31. The 2021 version sees oi…

3 months ago·Riyadh, Saudi Arabia

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Business Standard

OPEC expected to stick to view of long-term global oil demand rises

Another decade or more of oil demand growth would be a boost for producers and OPEC, whose 13 members depend on oil income, and would justify continued investment in new supplies

3 months ago·India

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