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Jan 9, 2024 · So, overall, most of the oil market impact from the upcoming election will be on the margin. A new President Trump should mean more Russian oil and less Iranian, more or less offsetting. A new ...
Jun 11, 2024 · Many oil CEOs have also grown their own fortunes during the Biden administration. Chevron CEO Mike Wirth saw his compensation grow 17%, from $22.6 million in 2021 to $26.5 million in 2023. Exxon ...
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 bpd ...
Mar 14, 2024 · Global oil demand is forecast to rise by a higher-than-expected 1.7 mb/d in 1Q24 on an improved outlook for the United States and increased bunkering. While 2024 growth has been revised up by 110 kb/d from last month’s Report, the pace of expansion is on track to slow from 2.3 mb/d in 2023 to 1.3 mb/d, as demand growth returns to its historical trend while efficiency gains and EVs reduce use.
2 days ago · The US will hold its presidential election on 5 November 2024. The upcoming elections could impact the future of the US’s offshore oil and gas industries, with potential shifts in policy and ...
By contrast, demand in advanced economies will continue its decades-long decline, falling from 45.7 mb/d in 2023 to 42.7 mb/d by 2030. Apart from during the pandemic, the last time demand was this low was in 1991. Over that same time period, oil demand from emerging and developing economies will have increased by a factor of 2.5.
Jun 12, 2024 · Oil 24, the IEA’s medium-term outlook, explores these critical developments and their impact on the global oil market. Oil 2024 looks beyond the short-term horizon covered in the IEA’s monthly Oil Market Report to provide a comprehensive overview of evolving oil supply and demand dynamics through to 2030. The report provides detailed ...
