OPEC's Forecast of Peak Oil Demand: A Long Horizon Ahead

OPEC's latest 'World Oil Outlook' paints a bullish picture for oil demand through to 2050, positioning itself as a staunch defender of the idea that oil and gas will remain crucial to global energy. For market participants, this theory offers a compelling long-term buying opportunity. Investors interested in the sector could benefit from having quality stocks Core Laboratories (CLB) , TechnipFMC plc (FTI) and Tullow Oil (TUWOY) . Demand Growth in the Foreseeable Future OPEC firmly believes that the global d ...