OPEC: Primary Energy Demand to Increase 23% by 2050
20 Articles
20 Articles
Secretary-General of the Organization of Petroleum Exporting Countries attributed the lack of investment to the world's current lack of "diesel, fuel for aircraft and petrol".
The organization warns that the increase of the world population, urbanization and the development of artificial intelligence will trigger demand and demand investments of up to 18 trillion dollars to guarantee the supply of oil and gas
The Organization of the Petroleum Exporting Countries (OPEC) reduces the forecast for the increase of oil demand for 2026 to 400,000 barrels per day and estimates an accumulated demand for 2027, reports Reuters. OPEC has revised its forecast for the increase of oil demand for this year to 400,000 barrels per day, compared to 1.4 million [...]
The Organization of the Petroleum Exporting Countries (OPEC) reduced estimates of the increase in global oil demand in 2026 by 400,000 barrels per day (bpd), the sixth consecutive worsening of the forecast, due to the economic impact of the Middle East war, announced Monday Secretary General Haitham Al Ghais, transmits Reuters and the investmentlive.com site, reports Agerpres.
The Organization of the Petroleum Exporting Countries (OPEC) has reduced the estimates regarding the increase of the total demand for oil in 2026 by [...]
OPEC has decided to sharply lower its forecast for global oil demand growth in 2026 to 400,000 barrels per day. OPEC+ maintains its production target in November. OPEC lowers its 2026 oil demand growth forecast for the fifth consecutive time. OPEC+'s role in regulating the oil market is declining.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
