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

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

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   2 days ago · 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.

2. www.eia.gov › energyexplained › oil-and-petroleumOil prices and outlook - U.S. Energy Information ...

   www.eia.gov › energyexplained › oil-and-petroleum

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   Aug 16, 2023 · The outlook for crude oil prices is uncertain. The significant changes in world oil prices in the past decade demonstrate how all of these factors can influence oil prices, and they demonstrate the difficulty in projecting oil prices. EIA projects crude oil prices in the: Short-Term Energy Outlook ( Table 2.

3. www.eia.gov › analysisAnalysis & Projections - U.S. Energy Information ...

   www.eia.gov › analysis

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   EIA expands coverage of crude oil and natural gas production with regional forecast. Released June 12, 2024 | tags: STEO crude oil forecasts/projections liquid fuels natural gas oil/petroleum + production/supply. See more analysis & projections.

4. www.eia.gov › todayinenergy › detailEIA forecasts crude oil prices will increase through 2024 as ...

   www.eia.gov › todayinenergy › detail

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   Jul 19, 2023 · The forecast Brent crude oil price will increase to the mid-$80 per barrel range by the end of 2024, up from the June 2023 average of $75 per barrel. We forecast the West Texas Intermediate crude oil price will follow a similar path and maintain a discount to Brent of $5 per barrel.

5. www.reuters.com › markets › commoditiesBrent crude trades above $87, sets highest levels since April

   www.reuters.com › markets › commodities

   Jul 4, 2024 · Oil prices had earlier dropped by as much as 83 cents, but the dip was expected not to last given dollar weakness and a brighter outlook for U.S. fuel demand after the EIA data, said PVM analyst ...

6. www.reuters.com › business › energyEIA sees tighter US oil market for 2024, lowers price outlook

   www.reuters.com › business › energy

   Aug 6, 2024 · The EIA lifted its forecast for 2024 U.S. oil demand by 100,000 bpd to 20.5 million bpd. It left its 2024 world oil demand growth forecast unchanged, with consumption increasing year-over-year by ...

7. People also ask

   What is the IEA oil market report?

   • 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.

   Oil Market Report - June 2024 – Analysis - IEA

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

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   What is the EIA's short-term Energy Outlook for 2024?

   • Aug 6 (Reuters) - The U.S. Energy Information Administration on Tuesday forecast tighter supply and demand balances for U.S. oil markets this year, while also lowering its outlook for crude prices, according to its Short-Term Energy Outlook. The EIA lifted its forecast for 2024 U.S. oil demand by 100,000 bpd to 20.5 million bpd.

   EIA sees tighter US oil market for 2024, lowers price outlook

   www.reuters.com/business/energy/us-eia-leaves-2024-world-oil-demand-growth-unchanged-2024-08-06/

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   Why did the EIA lower its forecast for 2025?

   • The agency lowered its forecast for 2025 world oil demand to 104.5 million bpd, versus a previous forecast of 104.7 million bpd. Majority of that reduction is due to slowing economic growth in China, the EIA said in its report.

   EIA sees tighter US oil market for 2024, lowers price outlook

   www.reuters.com/business/energy/us-eia-leaves-2024-world-oil-demand-growth-unchanged-2024-08-06/

   See all results for this question

   How much will crude oil cost in 2024?

   • The forecast Brent crude oil price will increase to the mid-$80 per barrel range by the end of 2024, up from the June 2023 average of $75 per barrel. We forecast the West Texas Intermediate crude oil price will follow a similar path and maintain a discount to Brent of $5 per barrel.

   EIA forecasts crude oil prices will increase through 2024 as demand

   www.eia.gov/todayinenergy/detail.php?id=57160

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8. www.iea.org › reports › oil-market-report-june-2024Oil Market Report - June 2024 – Analysis - IEA

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

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   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.