OPEC acknowledges critical importance of oil for future global energy market

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Haytham al-Ghais, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), said that in the future, “black gold” will continue to play a critical component role in the international energy market. Words lead the way DEA News.

“Oil will continue to play its role as a critical component,” the OPEC Secretary General said at the CERAWEEK energy conference in Texas.

Formerly al-Ghais aforementionedThe OPEC+ agreement is key to ensuring energy stability and the development of the oil market, even years after its signing. According to him, oil demand in 2023 will be At 102 million barrels/day (b/d), this will exceed the pre-coronavirus pandemic figure by 1.9 million barrels/day.

Later al-Gayler He insisted Increasing investment in oil production to meet future world needs.

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