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

A tree in the globe hovering in desert - abstract image (s. research, science, climate)
Muser Press – New Research Articles Week 41, 2024NewsScience

Muser Press – New Research Articles Week 41, 2024

Strong contribution from sensible heat to global precipitation increase in climate models is not supported by observational based data It has previously been shown that…
SourceSourceOctober 13, 2024 Full article
Image: Earth
Regional temperature records broken across the world in 2025FactsNews

Regional temperature records broken across the world in 2025

Paris, France | AFP | Muser NewsDeskRecords shattered in Central Asia Up to 1.5 °C hotter in the Sahel Scorching summer in Europe Central Asia, the…
SourceSourceDecember 31, 2025 Full article
Climate change concept collage
Nordic countries unite for climate action ahead of COP28 in DubaiNews

Nordic countries unite for climate action ahead of COP28 in Dubai

On Thursday, nations from around the world will convene for the COP28 climate summit in Dubai. Ahead of these international negotiations, the message from the…
Adrian AlexandreAdrian AlexandreNovember 29, 2023 Full article