Oil liquids supply from OPEC member states is projected to climb to 44.4 million barrels per day in 2040. This would mean an increase of 7.8 million barrels compared with daily supply in 2018. World oil demand forecasts suggest OPEC countries would have a combined consumption of 11.8 million barrels per day.
Projected total OPEC liquids supply from 2018 to 2040
(in million barrels per day)
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OPEC. (October 12, 2019). Projected total OPEC liquids supply from 2018 to 2040 (in million barrels per day) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/292596/total-opec-liquids-supply-outlook/
OPEC. "Projected total OPEC liquids supply from 2018 to 2040 (in million barrels per day)." Chart. October 12, 2019. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/292596/total-opec-liquids-supply-outlook/
OPEC. (2019). Projected total OPEC liquids supply from 2018 to 2040 (in million barrels per day). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/292596/total-opec-liquids-supply-outlook/
OPEC. "Projected Total Opec Liquids Supply from 2018 to 2040 (in Million Barrels per Day)." Statista, Statista Inc., 12 Oct 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/292596/total-opec-liquids-supply-outlook/
OPEC, Projected total OPEC liquids supply from 2018 to 2040 (in million barrels per day) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/292596/total-opec-liquids-supply-outlook/ (last visited November 10, 2024)
Projected total OPEC liquids supply from 2018 to 2040 (in million barrels per day) [Graph], OPEC, October 12, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/292596/total-opec-liquids-supply-outlook/
