OPEC sticks to robust oil demand outlook, sees no peak to 2050 - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Article Excerpt
LONDON -- OPEC maintained its forecast for robust global oil demand growth in the next four years on Thursday and nudged up its longer-term view, citing a worldwide shift towards more supportive policies for oil use and saying there was no sign demand would peak.
The 11-member Organization of the Petroleum Exporting Countries depends on oil for a large part of government income, and its views on demand are higher than those of others in the industry, such as the International Energy Agency.
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