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Jun 12, 2024 · Oil 2024 looks beyond the short-term horizon covered in the IEA’s monthly Oil Market Report to provide a comprehensive overview of evolving oil supply and demand dynamics through to 2030. The report provides detailed analysis and forecasts of oil demand fundamentals across fuels, sectors and regions.
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.
Jun 14, 2024 · From a global base of 103.2 million barrels per day (BPD) in 2024, the IEA believes demand will grow to 105.6 million BPD by 2029 and decrease slightly to 105.5 million BPD in 2030 (Table 2...
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.
2 days ago · In other parts of the world, namely Europe and North America, the growth in EV sales has had a negligible impact on oil demand, which, per the Energy Institute, fell by 1% in Europe and 0.8% in ...
world oil demand is forecast to grow by a healthy 2.2 mb/d, reaching about 104.25 mb/d. The OECD is anticipated to expand by 0.26 mb/d, with OECD Americas contributing the largest increase.
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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.
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