Search results
- 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 outlook for the United States and lower oil prices.
People also ask
Will world oil demand grow in 2024?
Will IEA cut forecast for 2024 oil demand growth?
What is OPEC's forecast for world oil demand in 2023?
Will non-OPEC+ oil demand increase in 2023?
May 7, 2024 · NEW YORK, May 7 (Reuters) - World oil demand this year is expected to grow less than earlier forecast and output should expand faster than previous estimates, resulting in a more balanced...
- World oil demand next year to rise faster than expected, IEA ...
Raises 2024 demand growth forecast by 130,000 bpd to 1.1...
- World oil demand next year to rise faster than expected, IEA ...
Jun 11, 2024 · U.S. oil output and global oil demand will likely post bigger records this year than previously expected, the U.S. Energy Information Administration said on Tuesday.
Jan 26, 2024 · According to the forecast, as many states will be down as up, bringing total growth for U.S. wells to a mere 0.6%. Notable among U.S. gains will be increases in the Gulf of Mexico, which will see...
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.
Dec 14, 2023 · Raises 2024 demand growth forecast by 130,000 bpd to 1.1 mbpd. Gap remains between OPEC, IEA views on 2024 oil demand growth. Says non-OPEC+ supply growth in 2024 may exceed demand growth.
May 15, 2024 · LONDON (Reuters) -The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening the gap with producer group OPEC in terms of expectations for...
