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OPEC trims oil demand for next four years, says no peak in sight
OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its longer-term view, based on rising consumption in the developing world, and said there was no sign oil use had reached its peak.
OPEC projects continued oil demand growth. Other energy groups disagree.
Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and global oil demand will drop starting in the next decade as more renewables come online.
The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising ...
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Oil bull Josh Young tells CNBC's Dan Murphy that OPEC's latest World Oil Outlook forecast could set the stage for a long-term ...
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OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...
The oil cartel known as OPEC Plus said it would continue the strategy agreed to in July, rubber-stamping a 400,000-barrel-a-day production increase for April. Skip to content Skip to site index.
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