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- The U.S. Energy Information Administration on Tuesday raised its forecast for this year's crude output growth marginally, while petroleum demand is likely to rise less than previously expected.
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Sep 7, 2022 · U.S. crude production and petroleum demand will both rise in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on...
Dec 6, 2022 · The U.S. Energy Information Administration on Tuesday raised its forecast for this year's crude output growth marginally, while petroleum demand is likely to rise less than previously...
Oil demand is back to 95% of pre–Covid levels, and prices are remaining well above $80/bbl and beyond $90/bbl at times. Despite higher oil prices, U.S. shale operators have resisted (until...
Oct 12, 2022 · U.S. oil demand and production is expected to grow more slowly than previously forecast for the remainder of this year and in 2023, the U.S. Energy Department said on Wednesday.
Aug 11, 2022 · World oil demand is now forecast at 99.7 mb/d in 2022 and 101.8 mb/d in 2023. World oil supply hit a post-pandemic high of 100.5 mb/d in July as maintenance wound down in the North Sea, Canada and Kazakhstan. OPEC+ ramped up total oil production by 530 kb/d in line with higher targets and non-OPEC+ rose by 870 kb/d.
Sep 13, 2021 · Rising demand for oil, especially in China and India, will outweigh the increasing appeal of electric cars and growth in renewable energy next year, the oil cartel said.
Apr 12, 2024 · Get updates on the IEA’s latest news, analysis, data and events delivered twice monthly.
