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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 · 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 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 · 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.
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....
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.
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Jun 24, 2024 · Oil demand will rise for another 10 years, though producers are pulling back on new investment. The bank estimated oil demand would peak around 110 million barrels a day in 2034.
