Global oil demand will rise to 110 million barrels a day in two decades, bringing the world's energy demand up 23%, said OPEC.
"We see global energy demand increasing by 23% through 2045," said the oil cartel's secretary general.
The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. In October last year, the oil cartel announced its decision to cut output by two million barrels per day.KUALA LUMPUR — Global oil demand will rise to 110 million barrels a day in about 20 years, pushing the world's energy demand up by 23%, said OPEC on Monday.
"In our worldwide outlook, we see global oil demand rising to 110 million barrels a day by 2045," he said, adding that oil will still comprise about 29% of the energy mix by then.
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