OPEC Projects Sustained Increase in World Oil Demand Until 2050

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-19
Category: finance
Source: engine.online
Original source

OPEC's latest World Oil Outlook predicts that global oil consumption will continue to grow, reaching significant levels by 2050, with no anticipated peak in demand. The organization's Secretary General also disputed the International Energy Agency's assessment of a potential future oil supply surplus.

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