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

Image: Penguin standing in a sign of 2025
World greets 2025 after sweltering year of Olympics, turmoil, and TrumpNewsClimate

World greets 2025 after sweltering year of Olympics, turmoil, and Trump

Paris, France | AFP (Updated) - Revellers across the world ushered in 2025 on Wednesday, with huge crowds waving goodbye to the old year that…
SourceSourceJanuary 1, 2025 Full article
Satellite Image: Floods in Vietnam (October 2025)
Image of the day: October’s floods in VietnamNews

Image of the day: October’s floods in Vietnam

October’s floods in Vietnam brought widespread devastation to the country’s central provinces in late October 2025 after several days of relentless rainfall. Thousands of residents…
Muser NewsDeskMuser NewsDeskNovember 7, 2025 Full article
Sugar kelp on lines in Horsens Fjord, Denmark - a sustainable model
Kriegers Flak Wind Farm Sets Sail into Sustainable Future with First Seaweed HarvestNews

Kriegers Flak Wind Farm Sets Sail into Sustainable Future with First Seaweed Harvest

This spring marks an important milestone in the dual pursuit of green energy and sustainable food production at Kriegers Flak, Scandinavia’s largest offshore wind farm,…
Adrian AlexandreAdrian AlexandreJune 20, 2024 Full article