The Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais said the organization’s market share is expected to rise to 40% by 2040-2045, Al-Arabiya TV reported on Thursday.

“This will happen after production decreases from countries outside OPEC+ or outside OPEC. The U.S production is expected to decrease by 2029-2030, as well as other countries,” he added.
Source: Reuters (Reporting by Ahmed Elimam; Editing by Nadine Awadalla)