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OPEC expects rising oil demand towards 2045

OPEC expects global demand for oil to continue to rise towards 2045, writes the cartel in its latest forecast.

Photo: Petros Karadjias/AP/Ritzau Scanpix

Oil exporting countries in OPEC expect to see continuing global demand for oil towards 2045 despite attempts to reduce the world's dependency on fossil fuels.

OPEC thus expects oil demand to rise to 108.2 million barrels per day by that time, corresponding to an increase of 8.2 million barrels per day compared to 2019, writes OPEC in its latest World Oil Outlook, which points to rising demand for all energy types in coming years.

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