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Apr 12, 2024 · Oil demand growing at a slower pace as post-Covid rebound runs its course Related charts Available zero-emission heavy-duty vehicle models by original equipment manufacturer headquarters, type of vehicle and release date, 2020-2023
2022 oil and gas industry outlook. Oil and gas companies build momentum as they look to reinvent themselves. By now, close to 50% of the world’s population has received at least one dose of the COVID-19 vaccine.1 Corporates are finalizing their return-to-ofice hybrid plans.
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Brent crude oil spot prices are on pace to average $101/b in 2022. Despite the recent drop in crude oil prices, we still expect that falling global inventories of oil in early 2023 will push Brent prices back above $90/b by the beginning of the second quarter of 2023 (2Q23).
May 11, 2023 · Oil demand in the U.S. appears likely to reach levels close to the pre-pandemic era, despite talk of working from home and reduced business travel.
Dec 27, 2022 · “U.S. crude oil production in our forecast averages 11.7 million [barrels per day] in 2022 and 12.4 million b/d in 2023, which would surpass the record high set in 2019.” In September production was just under 12.3 million b/d, up 12.4 percent since September 2021.
Jun 11, 2024 · We forecast U.S. crude oil production will grow by 2% in 2024 and average 13.2 million barrels per day (b/d) for the year and a further 4% in 2025. If our forecast is realized, U.S. crude oil production would set new annual records in both 2024 and 2025.
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Sep 7, 2022 · U.S. crude production and petroleum demand will both rise in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on...
