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1. www.iea.org › reports › oil-market-report-march-2024Oil Market Report - March 2024 – Analysis - IEA

   www.iea.org › reports › oil-market-report-march-2024

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   Mar 14, 2024 · World oil demand growth is now forecast at 1.3 mb/d in 2024, down sharply from last year’s 2.3 mb/d expansion. The slowdown in growth, already apparent in recent data, means that oil consumption reverts towards its historical trend after several years of volatility from the post-pandemic rebound.

2. www.worldoil.com › news › 2024/1/26World Oil Forecast: Upstream industry to grow moderately in 2024

   www.worldoil.com › news › 2024/1/26

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   Jan 26, 2024 · World Oil forecasts that South American drilling will increase just over 3%, led by operations in Brazil, Guyana, Argentina, and, surprisingly, Venezuela.

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

   www.reuters.com › business › energy

   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.

4. 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.

5. www.iea.org › reports › oil-market-report-may-2024Oil Market Report - May 2024 – Analysis - IEA

   www.iea.org › reports › oil-market-report-may-2024

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   May 15, 2024 · Global oil demand is now expected to rise by 1.1 mb/d in 2024, 140 kb/d less than projected in last month’s Report. Our global outlook for 2025 is largely unchanged, with the pace of growth now marginally eclipsing 2024 at 1.2 mb/d.

6. www.reuters.com › business › energyWorld oil demand next year to rise faster than expected, IEA ...

   www.reuters.com › business › energy

   Dec 14, 2023 · In 2024, supply from producers outside OPEC+ is set to rise by 1.2 million bpd, a slowdown from this year's 2.2 million bpd growth led by the United States, the IEA forecast. This plus the...

7. People also ask

   Will world oil demand grow in 2024?

   • World oil demand growth is now forecast at 1.3 mb/d in 2024, down sharply from last year’s 2.3 mb/d expansion. The slowdown in growth, already apparent in recent data, means that oil consumption reverts towards its historical trend after several years of volatility from the post-pandemic rebound.

   Oil Market Report - March 2024 – Analysis - IEA

   www.iea.org/reports/oil-market-report-march-2024

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   How much oil will the United States produce next year?

   • It expects U.S output to be around 13.71 million bpd next year, slightly below the previous 13.73 million bpd forecast. Global oil demand this year is also expected to be above estimates, which were already forecast to hit record highs, according to the June edition of the EIA's short-term energy outlook.

   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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   What is OPEC's forecast for world oil demand in 2023?

   • OPEC in a monthly report on Wednesday kept its forecast for world oil demand growth in 2023 at 2.46 million bpd. In 2024, OPEC sees demand growth of 2.25 million bpd, also unchanged from last month.

   World oil demand next year to rise faster than expected, IEA says

   www.reuters.com/business/energy/iea-raises-2024-oil-demand-growth-forecast-despite-economic-gloom-2023-12-14/

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   When is world oil forecast 2024?

   • For those who could not attend the live presentation in Houston, World Oil will host a webcast covering the forecast on Feb. 15, 2024. As always, a full breakdown of this year’s forecast will be featured in World Oil’s upcoming February issue.

   World Oil Forecast: Upstream industry to grow moderately in 2024

   www.worldoil.com/news/2024/1/26/world-oil-forecast-upstream-industry-to-grow-moderately-in-2024/

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8. finance.yahoo.com › news › eia-estimates-slowerEIA estimates slower world oil demand growth in 2024

   finance.yahoo.com › news › eia-estimates-slower

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   May 8, 2024 · The US EIA revised its earlier forecast on world oil demand for 2024 on Tuesday, indicating that it is expected to grow at a slower pace. Additionally, the EIA predicts that global oil output...