Skip to main content

Paris, France (AFP) – OPEC said Tuesday that phasing out oil was a “fantasy”, as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change.

“There is no peak oil demand on the horizon,” OPEC Secretary General Haitham Al Ghais said in the group’s annual World Oil Outlook, which puts demand at 120.1 million barrels per day in 2050, a 17.5 percent increase from 2023.

ngu/nal/jum/lth/cw

© Agence France-Presse

Featured image credit: kjpargeter | Freepik.com

Satellite Image: The Giza Plateau, Egypt
Image of the day: The Giza PlateauNews

Image of the day: The Giza Plateau

Rising from the edge of the Sahara Desert, the Giza Plateau holds some of humanity’s most enduring monuments. Situated on the western fringes of Greater…
Muser NewsDeskMuser NewsDeskAugust 14, 2025 Full article
Image: aerial view of city during golden hour, Sunset over Tokyo
Japan summer was joint hottest on record: weather officeNews

Japan summer was joint hottest on record: weather office

Tokyo, Japan (AFP) - Japan this year suffered its joint warmest summer since records began, equalling the level seen in 2023, data from the weather…
SourceSourceSeptember 2, 2024 Full article
Satellite Image: Estonia
Image of the day: Estonia’s Oldest and Largest National ParkNews

Image of the day: Estonia’s Oldest and Largest National Park

Lahemaa, located in northern Estonia on the southern shore of the Gulf of Finland, is the country’s oldest and largest national park, spanning over 725…
SourceSourceNovember 24, 2024 Full article