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Jun 2, 2024 · The Organisation of the Petroleum Exporting Countries, or OPEC, have extended deep production cuts throughout 2024. This decision comes as oil prices hover around 80 dollar per barrel, a level ...
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May 16, 2018 · As the world's most important fuel, the most traded commodity, and the enabling force of globalization, the demand for oil is ever-growing.
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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.
Jan 26, 2024 · In an event described as a “first look” at upcoming upstream oil and gas trends, approximately 340 professionals from across the sector gathered for an early-morning meal to hear projections,...
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.
Over the last year, we experienced a historic demand shock resulting from the Covid-19 pandemic and a price war between Saudi Arabia and Russia. This event t...
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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.
