OPEC Hikes Oil Demand Forecast To 116 Million Bpd In 2045

October 9, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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OPEC has raised significantly its long-term oil demand outlook and now expects global oil demand at around 116 million barrels per day (bpd) in 2045, up by 6 million bpd compared to the previous assessment from last year, as energy consumption continues to grow and will need all forms of energy. In the annual World Oil Outlook released on Monday, OPEC expects global oil demand to increase by more than 16 million bpd between 2022 and 2045, rising from 99.6 million bpd in 2022 to 116 million bpd in 2045. By 2028, global oil demand is set to reach…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

OPEC Hikes Oil Demand Forecast To 116 Million Bpd In 2045

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