2024 OPEC World Oil Outlook 2050

Excerpt:  “This year’s publication sees the timeframe extended to 2050 with energy demand set to increase by 24% and oil demand reaching 120.1 million barrels a day by the end of the forecast period. The analysis and key findings take on board recent energy and economic-related developments, particularly the interplay between energy security, energy affordability and the need to reduce emissions, as well as the role of existing and new technologies being developed and deployed.”