OPEC hikes 2050 oil demand forecast again, citing world’s pivot to energy security
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OPEC hikes 2050 oil demand forecast again, citing world’s pivot to energy security
OPEC has raised its long-term oil demand forecast for the third consecutive year, now expecting global consumption to rise 19 million barrels/day — or 18% — by 2050, as governments increasingly prioritize energy security, rather than aggressively transitioning away from hydrocarbons. Oil will retai»»»
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