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Oil Market Needs $14 Trillion: OPEC Secretary General

Oil Market Needs $14 Trillion: OPEC Secretary General

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Stu Turley
Feb 07, 2024
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Energy News Beat
Energy News Beat
Oil Market Needs $14 Trillion: OPEC Secretary General
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Oil Market

The global oil market will require $14 trillion in investments over the next 20 years if oil-producing nations hope to be able to fulfill global energy demands through 2045, OPEC’s Secretary General Haitham al-Ghais said on Tuesday.

According to the Secretary-General who spoke at India Energy Week in Goa, oil demand “will continue to rise and there is a …

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