Oil demand growth to continue, no peak in sight, OPEC Secretary General says

ReutersJun 10, 2025 4:50 PM

CALGARY, June 10 (Reuters) - Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary General Haitham AL Ghais said on Tuesday at a conference in Canada.

The organization expects a 24% increase in the world's energy needs between now and 2050, with oil demand surpassing 120 million barrels per day over that time period.

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