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  1. Jun 12, 2024 · The report provides detailed analysis and forecasts of oil demand fundamentals across fuels, sectors and regions. It also outlines projected supply from planned upstream and downstream projects around the world.

  2. Jun 12, 2024 · World oil demand growth continues to slow, with 2024 gains now seen at 960 kb/d, 100 kb/d below last month’s forecast. Weak OECD deliveries pushed global demand into a narrow y-o-y contraction in March.

  3. Jun 12, 2024 · Based on todays policies and market trends, strong demand from fast-growing economies in Asia—as well as from the aviation and petrochemicals sectors—is set to drive oil use higher in the...

  4. Jun 14, 2024 · From a global base of 103.2 million barrels per day (BPD) in 2024, the IEA believes demand will grow to 105.6 million BPD by 2029 and decrease slightly to 105.5 million BPD in 2030 (Table 2 in...

  5. 2 days ago · Oil and gas are going nowhere. “Increased use of EVs, emerging clean energy technologies and more expansive efficiency policies are combining to chart a much slower growth trajectory for oil ...

  6. Jun 11, 2024 · The organization expects demand will average 104.5 MMbpd in 2024. For the first quarter, OPEC estimates that global oil consumption soared by 2.3 MMbpd, more than double the increase observed...

  7. Jun 11, 2024 · OPEC said world oil demand will rise by 2.25 million barrels per day in 2024 and by 1.85 million bpd in 2025. Both forecasts were unchanged from last month.

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