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1. www.iea.org › reports › oil-market-report-december-2022Oil Market Report - December 2022 – Analysis - IEA

   www.iea.org › reports › oil-market-report-december-2022

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   Dec 14, 2022 · World oil demand is set to contract by 110 kb/d y-o-y in 4Q22, reaching 100.8 mb/d, up by 130 kb/d compared with last month’s Report. Strong gasoil use in key consuming countries outweighs weak European and Asian petrochemical deliveries.

2. www.iea.org › reports › oil-market-report-august-2022Oil Market Report - August 2022 – Analysis - IEA

   www.iea.org › reports › oil-market-report-august-2022

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   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.

3. www.iea.org › reports › oil-market-report-september-2022Oil Market Report - September 2022 – Analysis - IEA

   www.iea.org › reports › oil-market-report-september-2022

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   Sep 14, 2022 · World oil demand is forecast to rise by 2 mb/d in 2022 and 2.1 mb/d in 2023, marginally lower than in last month’s Report. World oil production rose 790 kb/d in August to 101.3 mb/d, with a strong recovery in Libya and smaller gains from Saudi Arabia and the UAE offset by losses in Nigeria, Kazakhstan and Russia.

4. www.opec.org › opec_web › enOPEC : Monthly Oil Market Report 2022

   www.opec.org › opec_web › en

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   Monthly Oil Market Report 2022. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year.

5. www.iea.org › reports › oil-market-report-july-2022Oil Market Report - July 2022 – Analysis - IEA

   www.iea.org › reports › oil-market-report-july-2022

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   Jul 13, 2022 · Highlights. Higher prices and a deteriorating economic environment have started to take their toll on oil demand, but strong power generation use and a recovery in China are providing a partial offset. Global oil demand growth has been marginally reduced to 1.7 mb/d in 2022, reaching 99.2 mb/d.

6. www.dailyfx.com › forex › fundamentalCrude Oil Price Forecast Q2 2022: Robust Demand Still Met ...

   www.dailyfx.com › forex › fundamental

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   Apr 2, 2022 · The price of oil spiked to a fresh yearly high ($130.50) in March amid the disruptions caused by the Russia-Ukraine war. Current market conditions may lead to higher crude prices as...

7. People also ask

   How much oil does the world need in 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.

   Oil Market Report - August 2022 – Analysis - IEA

   www.iea.org/reports/oil-market-report-august-2022

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   Will oil prices rise in 2022?

   • Oil demand is now forecast to rise by 2.3 mb/d in 2022 and a further 1.7 mb/d next year, up around 140 kb/d compared with last month’s Report. While lower oil prices come as a welcome relief to consumers faced by surging inflation, the full impact of embargoes on Russian crude and product supplies remains to be seen.

   Oil Market Report - December 2022 – Analysis - IEA

   www.iea.org/reports/oil-market-report-december-2022

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   Will world oil demand grow in 2022?

   • OPEC’s Monthly Oil Market Report (MOMR) for March revealed that “world oil demand recorded robust growth of 6.5 mb/d y-o-y in December 2021.”The update went on to say that “for the time being, world oil demand growth in 2022 remains unchanged at 4.2 mb/d, given the high uncertainty and extreme fluidity of developments in recent weeks.”

   Crude Oil Price Forecast Q2 2022: Robust Demand Still Met with Limited

   www.dailyfx.com/forex/fundamental/forecast/weekly/title/2022/04/02/Oil-Fundamental-Forecast-Q2-2022.html

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   How much did crude oil cost in 2022?

   • The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.

   Crude oil prices increased in first-half 2022 and declined in second

   www.eia.gov/todayinenergy/detail.php?id=55079

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8. www.eia.gov › todayinenergy › detailCrude oil prices increased in first-half 2022 and declined in ...

   www.eia.gov › todayinenergy › detail

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   Jan 4, 2023 · The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.