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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.
OPEC+ ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.
Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.
OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...
Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...
OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...
2don MSN
At the Opec International Seminar in Vienna, Indian petroleum minister Hardeep Singh Puri met with Opec secretary general ...
OPEC’s latest forecast dismisses the idea of imminent peak oil demand, projecting rising consumption through 2050 despite ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...
World Oil Outlook forecasts sustained oil demand growth through 2050, requiring nearly 19.5 million bpd of new refining ...
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