Financial Times | Opec raises oil demand outlook despite clean energy push Financial Times World consumption will rise from 95.4m barrels a day in 2016 to 102.3m b/d in 2022 –which is an upward revision of almost 2.3m b/d — Opec said in its annual World Oil Outlook report assessing long term trends. Demand will rise to 111.1m b/d by 2040, ... OPEC sees slower growth in demand for its oil as rivals pump more OPEC Now Says US Shale Will Grow Even Faster Than They Previously Thought Morgan Stanley raises its oil price forecast, warns US shale may struggle to meet demand |