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1. www.youtube.com › watchOil demand growth projected to slow down nearly 50% in 2024 ...

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   Jan 18, 2024 · In a stark contrast from OPEC's forecast for 2024, the International Energy Agency has projected oil demand growth (CL=F, BZ=F) to ease to 1.2 million barre...

   • Video Duration: 3 min
   • Views: 2.4K

   • Author: Yahoo Finance

2. www.youtube.com › watchIEA Says Global Oil Demand Growth Outlook Has Softened - YouTube

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   May 15, 2024 · The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said.

   • Video Duration: 5 min
   • Views: 2.4K

   • Author: Bloomberg Television

3. www.youtube.com › watchThe Oil Price Surge Will Affect Everyone In 2024! - YouTube

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   Discover the significant implications of the recent surge in oil prices on the world economy in this in-depth analysis. Join us as we delve into how the rise...

   • Video Duration: 3 min

   • Author: Finance Epics

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

   www.reuters.com › business › energy

   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...

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

   www.worldoil.com › news › 2024/1/26

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   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.

6. www.reuters.com › markets › commoditiesUS oil output to touch a record high in 2024, but growth will ...

   www.reuters.com › markets › commodities

   Jan 10, 2024 · While U.S production is set to climb to new records in 2024 and 2025 due to well efficiencies, the growth is set to slow from the 1 million bpd growth in 2023 due to lower drilling activity.

7. People also ask

   What is OPEC's forecast for world oil demand in 2023?

   • OPEC in a monthly report on Wednesday kept its forecast for world oil demand growth in 2023 at 2.46 million bpd. In 2024, OPEC sees demand growth of 2.25 million bpd, also unchanged from last month.

   World oil demand next year to rise faster than expected, IEA says

   www.reuters.com/business/energy/iea-raises-2024-oil-demand-growth-forecast-despite-economic-gloom-2023-12-14/

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   How much oil will the world consume next year?

   • 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 bpd. Global oil demand will likely rise to 104.5 million bpd next year, the EIA said, slightly higher than its previous forecast of 104.3 million bpd.

   EIA forecasts larger records for 2024 US oil output, global demand

   www.reuters.com/business/energy/eia-forecasts-larger-records-2024-us-oil-output-global-demand-2024-06-11/

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   How much oil will the United States produce next year?

   • It expects U.S output to be around 13.71 million bpd next year, slightly below the previous 13.73 million bpd forecast. Global oil demand this year is also expected to be above estimates, which were already forecast to hit record highs, according to the June edition of the EIA's short-term energy outlook.

   EIA forecasts larger records for 2024 US oil output, global demand

   www.reuters.com/business/energy/eia-forecasts-larger-records-2024-us-oil-output-global-demand-2024-06-11/

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   Will oil prices rise in 2024 & 2025?

   • While U.S production is set to climb to new records in 2024 and 2025 due to well efficiencies, the growth is set to slow from the 1 million bpd growth in 2023 due to lower drilling activity. Prices for global benchmark Brent crude is expected to average $82 per barrel in 2024 and $79 in 2025, close to the 2023 average of $82, EIA said.

   US oil output to touch a record high in 2024, but growth will slow

   www.reuters.com/markets/commodities/us-crude-production-touch-record-2024-eia-2024-01-09/

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8. www.reuters.com › business › energyWorld oil demand next year to rise faster than expected, IEA ...

   www.reuters.com › business › energy

   Dec 14, 2023 · World consumption will rise by 1.1 million barrels per day (bpd) in 2024, the Paris-based IEA said in a monthly report, up 130,000 bpd from its previous forecast, citing an improvement in the...