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- “We forecast that global consumption will average 97.7 MMbbl/d for all of 2021, which is up 5.5 MMbbl/d from 2020. We forecast that consumption will increase by 3.7 million b/d in 2022 to average 101.3 MMbbl/d.”
www.aogr.com/web-exclusives/exclusive-story/eia-iea-increase-global-oil-demand-projections
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4 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 ...
Jun 12, 2024 · New IEA medium-term outlook sees comfortably supplied oil markets to 2030, though unwavering focus on energy security will remain crucial as powerful forces transform sector. Growth in the world’s demand for oil is expected to slow in the coming years as energy transitions advance.
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.
Jul 2, 2024 · WASHINGTON–According to the U.S Energy Information Administration, global oil consumption is rallying back and is poised to accelerate to 101.2 million barrel a day in 2022, topping pre-pandemic levels.
Jun 12, 2024 · Despite the slowdown in growth, global oil demand is still forecast to be 3.2 MMbpd higher in 2030 than in 2023, unless stronger policy measures are implemented, or changes in behavior take...
Jun 12, 2024 · Highlights. 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. Subpar growth of 1 mb/d in 2025 is held back by a muted economy and accelerating clean energy technology deployment.
Jun 12, 2024 · Global supply is forecast to rise by 1.8mbbl/d in 2025 as non-OPEC+ output increases by 1.5mbbl/d. The report states that between 2023 and 2030, global refining capacity is projected to...
