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2. www.statista.com › statistics › 271823Global crude oil demand 2024 | Statista

   www.statista.com › statistics › 271823

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   In 2023, world oil demand exceeded 100 million bbl/d for the first time since the pandemic. Forecasts suggest global oil demand will grow even more in 2024.

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

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

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   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.

4. www.iea.org › reports › oil-market-report-may-2024Oil Market Report - May 2024 – Analysis - IEA

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

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   May 15, 2024 · Global oil demand is now expected to rise by 1.1 mb/d in 2024, 140 kb/d less than projected in last month’s Report. Our global outlook for 2025 is largely unchanged, with the pace of growth now marginally eclipsing 2024 at 1.2 mb/d.

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

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

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   Jun 12, 2024 · World oil demand growth continues to slow, with 2024 gains now seen at 960 kb/d, 100 kb/d below last month’s forecast. Weak OECD deliveries pushed global demand into a narrow y-o-y contraction in March. Subpar growth of 1 mb/d in 2025 is held back by a muted economy and accelerating clean energy technology deployment.

6. www.iea.org › world-oil-demand-growth-2018-2024World oil demand growth, 2018-2024 – Charts – Data ...

   www.iea.org › world-oil-demand-growth-2018-2024

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   World oil demand growth, 2018-2024 for selected countries : China, India, Middle East, Rest of the World.

7. www.opec.org › OPEC_MOMR_April_2024_archiveFeature article: Global oil demand in summer months of 2024

   www.opec.org › OPEC_MOMR_April_2024_archive

   oil demand is expected to see robust growth of 1.8 mb/d, y-o-y. The OECD is expected to grow by 0.1mb/ d, y-o-y, while demand in the non-OECD is forecast to increase by 1.7 mb/d.

8. People also ask

   Will world oil demand grow in 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.

   Oil Market Report - March 2024 – Analysis - IEA

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

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   Will non-OPEC+ oil demand increase in 2023?

   • The latter’s oil demand growth slows from 1.7 mb/d in 2023 to 620 kb/d in 2024, or from roughly three-quarters to half of the global total, under the gathering weight of a challenging economic environment and slower expansion in its petrochemical sector. As in 2023, non-OPEC+ oil supply growth will eclipse the oil demand expansion by some margin.

   Oil Market Report - March 2024 – Analysis - IEA

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

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   How will world oil supply change in 2025?

   • World oil supply is projected to increase by 580 kb/d this year to a record 102.7 mb/d as non-OPEC+ output rises by 1.4 mb/d while OPEC+ production falls 840 kb/d, assuming that voluntary cuts are maintained. Global gains of 1.8 mb/d are expected in 2025 as non-OPEC+ adds a further 1.4 mb/d. In April, world oil supply fell 200 kb/d to 102 mb/d.

   Oil Market Report - May 2024 – Analysis - IEA

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

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   What is the forecast for oil production in 2024?

   • 2024 is expected to reach 8.7 mb/d, up by 0.4 mb/d, y-o-y. The 2024 forecast assumes ongoing capital discipline and less inflationary pressure, as well as moder ting supply chain issues and oil field service constraints. At the same time, well productivity and operational efficiency improvements are expected to support

   Feature article: Global oil demand in summer months of 2024

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_April_2024_archive.pdf

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9. www.opec.org › opec_web › enOPEC : Monthly Oil Market Report 2024

   www.opec.org › opec_web › en

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   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 balance.