OPEC sees oil demand growth continuing until 2045

The OPEC oil cartel said Monday it expects demand for crude to continue to grow for the next two decades.

In its 2023 annual report, the Organization of the Petroleum Exporting Countries forecasts demand for crude to reach 116 million barrels per day (mbd) by 2045 under its main scenario, a 16.5 percent increase from the 99.4 mbd in 2022. 

Source(s): AFP

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