Haitham Al Ghais

Energy, Oil & Gas

Global oil demand to hit 123m bpd by 2050, says Opec chief

Thu, 23 Oct 2025

Global oil demand is expected to reach around 123 million barrels per day by 2050, with oil maintaining the largest share of the global energy mix at approximately 30 percent, said Opec Secretary-General Haitham Al Ghais.