At the Organization of the Petroleum Exporting Countries (OPEC), we took note of the International Energy Agency (IEA) reaffirming the significance of oil security to energy transitions in its most recent commentary: ‘A strong focus on oil security will be critical throughout the clean energy transition’. RELATED: If Oil Disappeared Tomorrow… We are encouraged by […]

On Wednesday, the Organization of the Petroleum Exporting Countries (OPEC) forecast “robust” global oil demand growth of 1.8 million barrels per day (bpd) in 2025, backed by strong global economic recovery. RELATED: Angola Announces Exit from OPEC Global oil demand growth next year will be driven by nearly 1.7-million-bpd growth in non-OECD (the Organization for […]