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

Graphic news (s. climate, science, research, scientists. emission targets, floods, environment)
EU adopts COâ‚‚ targets reprieve for car industryNews

EU adopts COâ‚‚ targets reprieve for car industry

Brussels, Belgium | AFP EU countries gave final approval on Tuesday to a reprieve for European carmakers over new emission targets, as they seek to…
SourceSourceMay 27, 2025 Full article
Graphic news (s. climate, science, nature)
EU environment ministers test blood for ‘forever chemicals’News

EU environment ministers test blood for ‘forever chemicals’

Copenhagen, Denmark | AFP EU environment and climate ministers meeting in Denmark on Thursday tested their blood for "forever chemicals" linked to serious health risks, in…
SourceSourceJuly 10, 2025 Full article
Graphic news (s. climate, science, research, scientists. emission targets, floods, environment)
World economies brace for Trump tariffs deadlineNews

World economies brace for Trump tariffs deadline

Washington, United States | AFP US trading partners struggled Monday to prepare for a fresh onslaught of Donald Trump tariffs with the US president keeping…
SourceSourceApril 1, 2025 Full article