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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 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.
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 18, 2024 · If production growth remains flat for the rest of the year, how can the U.S. set a new annual production record in 2024? The reason is that 2023 began with production around 12.5 million...
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.
Jun 11, 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.
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Jun 11, 2024 · LONDON, June 11 (Reuters) - OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024, despite lower-than-expected use in the first quarter, saying...
