h OPEC+ share of global oil market to exceed 50% by 2040, continue to grow moderately - OPEC
Updated on July 11, 2025, 12:05AM (AST)

10.07.2025, 16:36

OPEC+ share of global oil market to exceed 50% by 2040, continue to grow moderately - OPEC


MOSCOW. July 10 (Interfax) - Global supply of oil and other liquid hydrocarbons will increase by 20.6 million barrels per day by 2050 compared to 2024 and will reach 123 million bpd, while from 2040 more than half of all supplies will come from OPEC+ countries, OPEC said in its annual review.


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