*Opec’s long-term oil-demand projections are increasingly counter to the consensus, seeing strong growth out to at least 2050. Most notably, it sees road transportation as the single largest source of incremental gains (MEES, 11 July); a controversial position given the rise of electric vehicles.
*In a marked change with last year’s World Oil Outlook (WOO), Opec now has road transportation overtaking the petrochemicals sector as the single largest source of demand growth between now and 2050. (CONTINUED - 194 WORDS)