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Oct 9, 2023 · World Oil Outlook 2023 sees global oil demand at 116 mb/d in 2045. No 19/2023. Riyadh, Kingdom of Saudi Arabia. 09 Oct 2023. The 2023 OPEC World Oil Outlook (WOO) was launched today at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in the Kingdom of Saudi Arabia.
The forecast for world economic growth is revised up slightly to 2.9% for 2023, but remains unchanged at 2.6% for 2024. US economic growth is revised up to 2.4% for 2023 and 1% for 2024.
The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.
Feb 14, 2023 · OPEC has raised its world oil demand growth forecast for 2023 by 100,000 bpd, to 2.3 million bpd the organization said on Tuesday in its latest edition of the Monthly Oil Market Report.
Jul 13, 2023 · Summary. OPEC sees 2024 demand growth of 2.25 million bpd, double IEA. Raises 2023 demand growth forecast by 90,000 bpd. U.S. shale output growth to slow to 500,000 bpd in 2024.
Jul 20, 2023 · The Organization of the Petroleum Exporting Countries, or OPEC, on Monday nudged its forecast for 2023 growth in oil demand higher to 2.5 million barrels a day, or mbd, from a projection of...
Jun 13, 2023 · OPEC left its forecast for 2023 global oil demand growth steady for a fourth month on Tuesday, though the producer group warned that the world economy faced rising uncertainty and...
