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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.
- Oil 2024 – Analysis - IEA - International Energy Agency
The report provides detailed analysis and forecasts of oil...
- Oil Market Report - April 2024 – Analysis - IEA
For context, the additional volumes from the United States,...
- Oil Market Report - June 2024 – Analysis - IEA
World oil demand growth continues to slow, with 2024 gains...
- Oil 2024 – Analysis - IEA - International Energy Agency
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.
Apr 12, 2024 · For context, the additional volumes from the United States, Brazil, Guyana and Canada alone could come close to meeting world oil demand growth for this year and next. These four countries are set to once again produce at records-highs, adding a combined 1.2 mb/d in 2024 and 1 mb/d in 2025.
The global oil demand growth forecast for 2024 remains broadly unchanged from last month’s assessment of 2.2 mb/d. Slight adjustments were made to the 1Q24 data, with a slight upward revision in OECD Europe and some nonOECD data- , reflecting better-than-expected performance in oil demand data. This increase was
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.
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
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World oil demand growth, 2018-2024 for selected countries : China, India, Middle East, Rest of the World
