In a speech delivered at the Oil & Money conference, 19 October 2017, London, England, HE Mohammad Sanusi Barkindo, OPEC Secretary General said OPEC expects “demand to pass 100 mb/d in 2020 and to reach over 111 mb/d by 2040.  Let me stress that we see demand growing in every year of the Outlook.  There is no peak oil demand for the foreseeable future.”

Source: OPEC


Check Also

844 miles image


... Miles (1340 km) on a single tank of gasoline.