03 Nov 2025

19:21

  • Bitumen 60/70

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    1.6%

  • Bitumen 60/70

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    1.7%

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    Iran - Flexitank

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    1.6%

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    1.6%

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    1.6%

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    1.6%

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    555$

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    1.6%

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    1.8%

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    1.8%

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    1.8%

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    Iran - Bulk

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    5$

    Iran - Bulk

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    -2.9%

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    -5.2%

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Home Blog ADNOC: Oil Demand to Remain Above 100 Million Barrels Past 2040

ADNOC: Oil Demand to Remain Above 100 Million Barrels Past 2040

codarx

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Update date: 2025/11/05

Global oil demand will continue to grow in the coming decades and remain above 100 million barrels per day (bpd) in 2040 and beyond, ADNOC’s Upstream CEO Musabbeh Al Kaabi told Bloomberg on Wednesday.  Aviation, petrochemicals, and industries including AI and data centers will drive global oil and total energy demand higher in the next decades, according to the executive of the national oil company of the United Arab Emirates (UAE), one of OPEC’s top producers.    ADNOC is well positioned to help meet the growing…

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