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: Dublin, Ireland
Image of the day: Dublin seen by Copernicus Sentinel-1CNews

Image of the day: Dublin seen by Copernicus Sentinel-1C

Dublin, Ireland, appears in striking detail in this radar image captured by the Copernicus Sentinel-1C satellite on 17 January 2025. As a major cultural and…
Muser NewsDeskMuser NewsDeskMarch 24, 2025 Full article
Fire globe - abstract (s. climate. temperatures, forever chemicals, wildfires)
Spain on heat alert and ‘very high to extreme’ fire riskNews

Spain on heat alert and ‘very high to extreme’ fire risk

Madrid, Spain | AFP | Muser NewsDesk All of Spain was on heatwave alert on Friday, while the weather agency warned that much of the country…
SourceSourceAugust 15, 2025 Full article
Image: two hands touching each other in front of a blue background (AI)
Google greenhouse gas emissions grow as it powers AINews

Google greenhouse gas emissions grow as it powers AI

San Francisco, United States | AFP Google, despite its goal of achieving net-zero emissions, is pumping out more greenhouse gas than before as it powers…
SourceSourceJuly 3, 2024 Full article