Search results
Oil 2024 Executive summary P AGE | 8 I EA. CC BY 4.0. World oil demand tempered by clean energy transition Based on today’s market conditions and policies, global oil demand will level off . at around 106 mb/d towards the end of the decade amid the accelerating transition . to clean energy technologies. Surging EV sales and continued efficiency
Mar 14, 2024 · The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Published March 2024.
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. It also outlines projected supply from ...
Jun 12, 2024 · The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Published June 2024.
Global oil demand is expected to increase by 1.5 mbd in 2024, down from a forecast 2 mbd in 2023 as world GDP growth moderates to 2.8% from 3.0% in 2023. However, there will be considerable divergence between demand contraction in advanced economies (-0.2 mbd next year) and a 1.7 mbd increase in oil demand in emerging economies.
The global oil demand growth forecast for 2024 remains broadly unchanged from last month’s assessment of 2.2 mb/d. Slight adjustments were made to the 1Q24 data, with a slight upward revision in OECD Europe and some nonOECD data- , reflecting better-than-expected performance in oil demand data. This increase was
People also ask
Will global oil demand increase in 2024?
Will the global oil market become oversupplied by 2024?
Will non-OPEC+ countries increase oil supply in 2024?
What is oil 2024?
Monthly Oil Market Report 2024. 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. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market ...
