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

Illustration 3d letter blocks forming the word news
Armenia floods kill one, hundreds evacuatedNews

Armenia floods kill one, hundreds evacuated

Yerevan, Armenia | AFP - Floods in northern Armenia killed at least two people as they destroyed key roads and bridges, forcing some 200 to…
SourceSourceMay 26, 2024 Full article
Satellite image: Vipava Valley, Slovenia
Image of the day: Agricultural landscapes of Vipava Valley, SloveniaNews

Image of the day: Agricultural landscapes of Vipava Valley, Slovenia

This image, captured by the Copernicus Sentinel-2 satellite on 5 November 2024, highlights the Vipava Valley in southwestern Slovenia, a region known for its Mediterranean…
Muser NewsDeskMuser NewsDeskMarch 8, 2025 Full article
Fake News vs Real News Concept
Brazil’s catastrophic weather spawns spate of conspiracy theoriesNews

Brazil’s catastrophic weather spawns spate of conspiracy theories

By Maria-Eduarda JOIA | AFP Rio De Janeiro, Brazil - The climate catastrophe that has struck southern Brazil, killing more than a hundred people and…
SourceSourceMay 11, 2024 Full article