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

   www.iea.org › reports › oil-2024

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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.

   • Oil Market Report - June 2024 – Analysis - IEA

     Highlights. World oil demand growth continues to slow, with...

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

   prod.iea.org › reports › oil-market-report-june-2024

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   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.

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     worldatlas.com

     The World's Largest Oil Reserves by Country In 2024

     Sep 28, 2023

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     oilprice.com

     Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025 | OilPrice.com

     Jan 7, 2024

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     Oil demand growth projected to slow down nearly 50% in 2024: IEA

     Jan 18, 2024

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5. www.worldoil.com › news › 2024/6/12Slowing demand growth and surging supply put world oil ...

   www.worldoil.com › news › 2024/6/12

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   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...

6. www.worldoil.com › news › 2024/6/11OPEC sees strengthening world oil demand in H2 2024 amid ...

   www.worldoil.com › news › 2024/6/11

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   Jun 11, 2024 · The organization expects demand will average 104.5 MMbpd in 2024. For the first quarter, OPEC estimates that global oil consumption soared by 2.3 MMbpd, more than double the increase observed...

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

   www.reuters.com › business › energy

   Jun 11, 2024 · World crude oil and liquid fuels consumption is expected to rise by 1.1 million bpd to 103 million bpd this year, the EIA said. That compares with a previous forecast of around 102.8 million bpd.

8. www.reuters.com › markets › commoditiesOPEC sticks to 2024 oil demand growth forecast but trims Q1 ...

   www.reuters.com › markets › commodities

   Jun 11, 2024 · The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 2.25 million barrels per day (bpd) in 2024 and by 1.85 million bpd in 2025.

9. People also ask

   Will world oil demand rise in 2024?

   • The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 2.25 million barrels per day (bpd) in 2024 and by 1.85 million bpd in 2025. Both forecasts were unchanged from last month. OPEC's report is the latest to flag robust oil market conditions heading into the second half of the year.

   OPEC sticks to 2024 oil demand growth forecast but trims Q1 view

   www.reuters.com/markets/commodities/opec-sticks-2024-oil-demand-growth-forecast-trims-q1-view-2024-06-11/

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   How will global oil consumption change in 2024?

   • Global oil consumption We forecast that global consumption of liquid fuels will increase by 1.1 million b/d in 2024 and 1.5 million b/d in 2025. Most of the expected growth is from non-OECD countries, which increase their liquid fuels consumption by 1.1 million b/d in 2024 and 1.3 million b/d in 2025.

   Short-Term Energy Outlook - U.S. Energy Information Administration (EI…

   www.eia.gov/outlooks/steo/report/global_oil.php

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   Will global oil demand rise to 104.5 million bpd next year?

   • Global oil demand will likely rise to 104.5 million bpd next year, the EIA said, slightly higher than its previous forecast of 104.3 million bpd. The upward revisions to demand growth despite recent concerns of slowing consumption made the report modestly positive for oil markets, UBS analyst Giovanni Staunovo said.

   EIA forecasts larger records for 2024 US oil output, global demand

   www.reuters.com/business/energy/eia-forecasts-larger-records-2024-us-oil-output-global-demand-2024-06-11/

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   How much oil will the world consume next year?

   • World crude oil and liquid fuels consumption is expected to rise by 1.1 million bpd to 103 million bpd this year, the EIA said. That compares with a previous forecast of around 102.8 million bpd. Global oil demand will likely rise to 104.5 million bpd next year, the EIA said, slightly higher than its previous forecast of 104.3 million bpd.

   EIA forecasts larger records for 2024 US oil output, global demand

   www.reuters.com/business/energy/eia-forecasts-larger-records-2024-us-oil-output-global-demand-2024-06-11/

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

    www.eia.gov › outlooks › steo

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    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.