Locator: 48648B.
Is global oil demand rising or falling?
Does the EIA have a good track record on predicting global oil demand?
OPEC:
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Background
Total demand, 2024: averaging 103 million bopd.
IEA's projections: substantially lower than those of OPEC. The latter expects global oil demand to grow to over 120 million bopd by 2050.
IEA: predicts the global oil demand will peak by 2030.
Statista:
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