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OPEC Sees No Peak In Global Oil Demand On The Horizon
In its 2023 annual report, OPEC forecasts demand for crude to reach 116 million barrels per day by 2045 under its main scenario, a 16.5 percent increase from the 99.4 in 2022.
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Global carbon emissions from electric power may peak this year.
That’s good news, but we need to put it in context.