OPEC Says Global Oil Consumption Will Hit 123 Million BPD By 2050

OPEC Says Global Oil Consumption Will Hit 123 Million BPD By 2050 Authored by Tsvetana Paraskova via OilPrice.com, OPEC projects oil demand rising 19% to 123 million bpd by 2050, led by India and Africa. The forecast contrasts sharply with IEA projections of demand peaking by 2030. …