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Jun 11, 2024 · U.S. oil output and global oil demand will likely post bigger records this year than previously expected, the U.S. Energy Information Administration said on Tuesday.
Mar 14, 2024 · World oil demand growth is now forecast at 1.3 mb/d in 2024, down sharply from last year’s 2.3 mb/d expansion. The slowdown in growth, already apparent in recent data, means that oil consumption reverts towards its historical trend after several years of volatility from the post-pandemic rebound.
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.
Jan 26, 2024 · According to the forecast, as many states will be down as up, bringing total growth for U.S. wells to a mere 0.6%. Notable among U.S. gains will be increases in the Gulf of Mexico, which will see...
May 7, 2024 · NEW YORK, May 7 (Reuters) - World oil demand this year is expected to grow less than earlier forecast and output should expand faster than previous estimates, resulting in a more balanced...
6 days ago · Oil consumption reached a record 100 million barrels per day, driven largely by China's post-lockdown recovery. The U.S. remained the largest oil producer, with an 8.5% production increase from ...
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Will world oil demand grow in 2024?
How will global oil consumption change in 2024?
How much oil will the United States produce next year?
Will US oil output and global oil demand post bigger records this year?
Jun 11, 2024 · We expect increases related to bunker fuels will contribute around 10% of total oil consumption growth in 2024. In OECD countries, liquid fuels consumption stays relatively flat in 2024 and increases by 0.3 million b/d in 2025.
