OPEC Sees Oil Retaining Lead In Global Energy Mix Through 2050

Oil is projected to remain the world’s dominant energy source by 2050, holding a 29.8% share of the global energy mix, according to OPEC’s latest World Oil Outlook 2050 report. The report highlights that rising population, economic growth, energy policy shifts, and technological advancements continue to drive global energy demand, despite record renewable energy additions … Continue reading OPEC Sees Oil Retaining Lead In Global Energy Mix Through 2050