Mumbai, June 19 -- The OPEC launched its World Oil Outlook 2026 yesterday. This year's publication anticipates that the world will require far more energy in the decades to come, with global energy demand set to rise by 23% to 2050. In addition, global oil demand is projected to see robust growth, reaching 124 million barrels a day (mb/d) by 2050. The report underlines the importance of pursuing balanced and realistic future energy pathways, recognizing the diverse needs and priorities of countries around the world. It highlights the role of all energies and technologies in meeting future energy demand, the need to expand access to modern energy services for billions of people globally, and the significance of ensuring timely and adequate i...