Search results
1 day ago · Economic growth and population trends are pivotal factors influencing long-term global oil demand. Wood Mackenzie's projections indicate an average annual GDP growth rate of 2.2% from 2024 to 2050.
4 days ago · Oil and gas are going nowhere. “Increased use of EVs, emerging clean energy technologies and more expansive efficiency policies are combining to chart a much slower growth trajectory for oil ...
3 days ago · That body has forecast a ‘staggering’ glut of oil relative to demand by the end of this decade, a process it says is already under way. This is not an environment in which it’s easy to see ...
5 days ago · Growing global demand for energy and petrochemicals, coupled with ongoing energy security concerns, could prompt rising demand for oil into 2030, despite the rapid deployment of green energy ...
2 days ago · “The projected increase in domestic crude oil production, recovery in global liquid fuels demand, and increase in U.S. refinery inputs mean the U.S. returns to net petroleum exporter status, on a volume basis, by 2024,” according to AEO2021.
4 days ago · UBS is forecasting that global oil demand will grow by 1.5 million barrels per day this year, above the long-term growth rate of 1.2 million bpd. The bank is forecasting bigger inventory...
People also ask
Will global demand for oil rise in 2030?
What will oil demand look like in the third quarter?
What is UBS forecasting for global oil demand?
How much oil will the United States produce in 2022 & 2023?
5 days ago · The global oil market faces soft spots in the outlook for Chinese demand this half, potentially adding a headwind for crude prices.
