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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.
Jun 12, 2024 · The report provides detailed analysis and forecasts of oil demand fundamentals across fuels, sectors and regions. It also outlines projected supply from planned upstream and downstream projects around the world.
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.
Jun 12, 2024 · Based on today’s policies and market trends, strong demand from fast-growing economies in Asia—as well as from the aviation and petrochemicals sectors—is set to drive oil use higher in the...
A ramping up of world oil production capacity, led by the United States and other producers in the Americas, is expected to outstrip demand growth over the 2023-2030 forecast period and inflate the world’s spare capacity cushion to levels
Apr 24, 2024 · Global oil demand. Global liquids demand decreased m-o-m by 1.1 MMb/d to 102.3 MMb/d. The decrease was driven by the Middle East and Europe, where demand decreased m-o-m by 0.5 MMb/d and 0.3 MMb/d, respectively. OPEC 10 production (excl. Iran, Venezuela, Libya).
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Mar 22, 2024 · The International Energy Agency forecasts oil demand will rise 1.3 MMbpd in 2024. While that’s less than last year’s jump of 2.2 MMbpd, when China’s emergence from Covid restrictions juiced...
