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  1. prod.iea.org › reports › oil-market-report-june-2024Oil Market Report - June 2024 – Analysis - IEA

    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.

  2. www.iea.org › reports › oil-2024Oil 2024 – Analysis - IEA - International Energy Agency

    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.

  3. www.reuters.com › business › energyEIA forecasts larger records for 2024 US oil output, global ...

    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.

  4. www.forbes.com › sites › rrapierWill The World Have A Staggering Excess Of Oil By 2030? - Forbes

    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...

  5. www.eia.gov › outlooks › steoShort-Term Energy Outlook - U.S. Energy Information ...

    Jun 11, 2024 · We forecast that global oil inventories will begin increasing at an average of 0.4 million b/d in 2Q25 and will increase by 0.6 million b/d in the second half of 2025. As a result, we expect oil prices will increase to an average of $87/b in 4Q24 and $88/b in 1Q25.

  6. www.yahoo.com › news › world-faces-staggering-excessWorld faces ‘staggering’ excess of oil by end of decade ...

    Jun 12, 2024 · “A ramping up of world oil production capacity, led by the United States and other producers in the Americas, is expected to outstrip demand growth over the 2023-2030 forecast period,” said the...

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  8. www.reuters.com › business › energyOil settles higher on forecasts for strong demand | Reuters

    Jun 11, 2024 · 2024 world oil demand growth forecast of 1.10 mln bpd, EIA says; OPEC maintains 2024 forecast for relatively strong demand growth; US oil output expected to rise to a record in 2024, EIA says

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