Devasconseros said that OPEC’s latest forecast is that global oil demand will increase by 20 million barrels between 2008 and 2030 to 106 million barrels. According to Reuters, OPEC’s monthly report released last week increased the global oil demand increase from 700,000 barrels forecasted last month to 750,000 barrels. Devasconseros also said that the oil price of $ 80 a barrel is not high, but this price is a good price for oil.
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According to Norway's "Upstream Online" November 16 Luanda report, OPEC Minister of Petroleum (OPEC) 2009 rotating chairman, Angola's oil minister Jose Maria Botelio de Vasconseros said here today, OPEC It is believed that global oil demand will increase by 20 million barrels between 2008 and 2030 to reach 106 million barrels.