diff --git a/odoo/__init__.py b/odoo/__init__.py
index 1b2bcf8fb8b..e3dd54e5ed0 100644
--- a/odoo/__init__.py
+++ b/odoo/__init__.py
@@ -16,7 +16,7 @@ __path__ = [
 ]
 
 import sys
-assert sys.version_info > (3, 7), "Outdated python version detected, Odoo requires Python >= 3.7 to run."
+assert sys.version_info > (3, 8), "Outdated python version detected, Odoo requires Python >= 3.8 to run."
 
 #----------------------------------------------------------
 # Running mode flags (gevent, prefork)
diff --git a/requirements.txt b/requirements.txt
index f2655f9dbcc..d1749311552 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -6,16 +6,13 @@ cryptography==3.4.8
 decorator==4.4.2
 docutils==0.16
 ebaysdk==2.1.5
-freezegun==0.3.11; python_version < '3.8'
-freezegun==0.3.15; python_version >= '3.8'
+freezegun==0.3.15
 geoip2==2.9.0
-gevent==1.5.0 ; python_version == '3.7'
-gevent==20.9.0 ; python_version > '3.7' and python_version <= '3.9'
-gevent==21.8.0 ; python_version > '3.9' and python_version <= '3.10'  # (Jammy)
+gevent==20.9.0 ; python_version <= '3.9'
+gevent==21.8.0 ; python_version == '3.10'  # (Jammy)
 gevent==22.10.2; python_version > '3.10'
-greenlet==0.4.15 ; python_version == '3.7'
-greenlet==0.4.17 ; python_version > '3.7' and python_version <= '3.9'
-greenlet==1.1.2 ; python_version  > '3.9' and python_version <= '3.10'  # (Jammy)
+greenlet==0.4.17 ; python_version <= '3.9'
+greenlet==1.1.2 ; python_version == '3.10'  # (Jammy)
 greenlet==2.0.2 ; python_version > '3.10'
 idna==2.10
 Jinja2==2.11.3 ; python_version <= '3.10'  # min version = 2.10.1 (Focal - with security backports)
@@ -34,8 +31,7 @@ Pillow==9.4.0 ; python_version > '3.10'
 polib==1.1.0
 psutil==5.8.0 ; python_version <= '3.10' 
 psutil==5.9.4 ; python_version > '3.10' 
-psycopg2==2.7.7 ; sys_platform != 'win32' and python_version < '3.8'
-psycopg2==2.8.6 ; sys_platform != 'win32' and python_version >= '3.8'and python_version <= '3.10'
+psycopg2==2.8.6 ; sys_platform != 'win32' and python_version <= '3.10'
 psycopg2==2.8.6 ; sys_platform == 'win32' and python_version < '3.10'
 psycopg2==2.9.5 ; python_version > '3.10' or ( sys_platform == 'win32' and python_version == '3.10')
 pydot==1.4.2
@@ -58,8 +54,7 @@ urllib3==1.26.5 # indirect / min version = 1.25.8 (Focal with security backports
 vobject==0.9.6.1
 Werkzeug==0.16.1 ; python_version <= '3.9'
 Werkzeug==2.0.2 ; python_version > '3.9'  # (Jammy)
-xlrd==1.1.0; python_version < '3.8'
-xlrd==1.2.0; python_version >= '3.8'
+xlrd==1.2.0
 XlsxWriter==1.1.2
 xlwt==1.3.*
 zeep==4.0.0
diff --git a/setup.py b/setup.py
index 929fb49ba2f..2cff960618d 100644
--- a/setup.py
+++ b/setup.py
@@ -62,7 +62,7 @@ setup(
         'xlwt',
         'zeep',
     ],
-    python_requires='>=3.7',
+    python_requires='>=3.8',
     extras_require={
         'ldap': ['python-ldap'],
     },