
OPEC+ Expects to Boost Global Oil Market Share to 52% by 2050
July 10, 2025 Hour: 8:41 am On Thursday, the Organization of the Petroleum Exporting Countries (OPEC) released “World Oil Outlook 2025” (WOO 2025), an annual report stating that OPEC+ expects to increase its share of the global oil market to 52% by 2050. …