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Haitham al-Ghais, secretary-general, OPEC, delivers a speech at the Global Energy Show in Calgary, on June 10, 2025. The Canadian Press/Jeff McIntosh
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There’s no peak in global oil demand on the horizon and it will take trillions in investment in the coming decades to meet that need, the secretary-general of the Organization of Petroleum Exporting Countries said Tuesday.
Primary energy demand is forecast to rise by 24 percent between now and 2050, surpassing 120 million barrels a day, Haitham al-Ghais said in a speech to the Global Energy Show.
