By 2030, OPEC+ countries could provide oil supply of 55.3 million bpd

According to the IEA, the target production level for OPEC+ countries voluntarily limiting oil output stood at 33.7 mln bpd in May, while actual production amounted to 24.26 mln…

Demand for oil and gas will continue to grow significantly amid strong demand for reliable and affordable energy sources, OPEC said

By 2030, OPEC+ countries could provide oil supply of 55.3 million bpd

The most significant increase in demand is expected in India, to 8.1 million barrels per day

In its World Oil Outlook 2026, the producer group said global oil demand will climb from 105.1 million barrels per day in 2025 to 113.3 million bpd by 2030 and top 124 million bpd…

Opec's forecast for consumption to continue rising through 2050 offers few major revisions from last year's edition despite the Mideast energy crisis.