OPEC Forecasts Rising Global Oil Demand Through 2050

Despite scaling down near-term forecasts due to slowdowns in China, OPEC projects long-term oil demand growing from 105 million barrels per day in 2025 to nearly 123 mb/d by 2050—highlighting sustained global energy needs.

Read more: https://www.reuters.com/business/energy/opec-trims-oil-demand-next-four-years-2025-07-10/