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: Bratislava, Slovakia
Image of the day: Bratislava and its natural bordersNews

Image of the day: Bratislava and its natural borders

Bratislava, Slovakia’s capital, stretches along the Danube River and into the foothills of the Little Carpathians, creating a landscape where urban development meets protected natural…
Muser NewsDeskMuser NewsDeskJuly 17, 2025 Full article
How the rising earth in Antarctica will impact future sea level riseClimateScience

How the rising earth in Antarctica will impact future sea level rise

Effects will depend on how much global warming is controlled, study finds. By Tatyana Woodall | Ohio State University The rising earth beneath the Antarctic…
SourceSourceAugust 3, 2024 Full article
Satellite Image: Hamina Port, Finland
Image of the day: Hamina Port, Finland’s southern gateway for wood exportsNews

Image of the day: Hamina Port, Finland’s southern gateway for wood exports

From its historic circular town center to its modern industrial infrastructure, Hamina blends tradition and trade along Finland’s southern coast. Captured in a satellite image…
Muser NewsDeskMuser NewsDeskApril 6, 2025 Full article