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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.
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.
Jun 12, 2024 · In parallel, a surge in global oil production capacity, led by the United States and other producers in the Americas, is expected to outstrip demand growth between now and 2030. Total...
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...
Jun 11, 2024 · Release Date: January 9, 2024. This article reviews the performance of our crude oil price forecast in 2023. Another supplement to the January STEO presents our forecast for crude oil prices and global petroleum markets in 2024 and 2025. STEO Between the Lines: A look back at our forecast for global crude oil prices in 2023
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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Jun 11, 2024 · NEW YORK, June 11 (Reuters) - 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. The agency now expects U.S. oil output to grow by around 310,000 barrels per day (bpd) to 13.24 million bpd this year, about 40,000 bpd higher than ...
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