Opec boosts oil demand forecast to 2045 despite climate crisis
Road transportation, petrochemicals, and aviation will drive the growth in oil consumption. India represents the biggest expansion, more than doubling its consumption to almost 12m barrels a day. Picture: Carina Johansen/Getty Images
Opec has raised forecasts for global oil demand through to the middle of the century, even as the world shifts away from fossil fuels to avert catastrophic climate change.
Oil consumption will climb 16% over the next two decades to reach 116m barrels a day in 2045, about 6m a day more than previously predicted, the Organization of Petroleum Exporting Countries said in its World Oil Outlook.
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