Wednesday 23 December 2015

GLOBAL OIL DEMAND TO HIT 110 MBPD BY 2040

Oil Wells PHOTO: www.theheraldng.com The Organisation of Petroleum Exporting Countries (OPEC) has estimated that global oil demand would hit 110 million barrels per day (mbpd) by 2040.
Also, the cartel said about $10 trillion, (in 2014 prices), is required as oil-related investment needed to cover future demand for oil at the global level between 2015 and 2040.

Read more @ The Guardian

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