Opec’s latest long-term oil outlook shows the producer group is largely undeterred by the market turmoil of 2026, maintaining its bullish view that global oil demand will continue rising for decades despite a war that exposed vulnerabilities in the world’s energy supply system.
Opec Sticks With Bullish Long-Term Oil Demand View
Opec's forecast for consumption to continue rising through 2050 offers few major revisions from last year's edition despite the Mideast energy crisis.
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