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

    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.

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  3. www.iea.org › reports › oil-2024Oil 2024 – Analysis - IEA - International Energy Agency

    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.

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

    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.

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

    Jun 11, 2024 · World crude oil and liquid fuels consumption is expected to rise by 1.1 million bpd to 103 million bpd this year, the EIA said. That compares with a previous forecast of around 102.8 million...

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

    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...

  7. www.worldoil.com › news › 2024/3/22World oil demand outpacing expectations, challenging peak ...

    Mar 22, 2024 · The International Energy Agency forecasts oil demand will rise 1.3 MMbpd in 2024. While that’s less than last year’s jump of 2.2 MMbpd, when China’s emergence from Covid restrictions juiced...

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  9. www.spglobal.com › commodityinsights › enIEA raises 2024 oil demand growth estimate on US outlook ...

    Mar 14, 2024 · The International Energy Agency on March 14 raised its estimate of 2024 oil demand growth by 110,000 b/d to 1.3 million b/d on an improved economic outlook for the US and higher bunker fuel consumption due to attacks in the Red Sea.