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5.4 mb/d
- Global oil demand is forecast to grow by 5.4 mb/d in 2021 and a further 3.3 mb/d next year, when it rebounds to pre-Covid levels at 99.5 mb/d.
www.iea.org/reports/oil-market-report-december-2021
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Mar 17, 2021 · Could oil demand peak sooner than expected? Or is the world heading into a supply crunch? What will the implications be for the refining industry and trade flows? Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies.
Dec 14, 2021 · Global oil demand is now set to rise by 5.4 mb/d in 2021 and by 3.3 mb/d in 2022, when it returns to pre-pandemic levels at 99.5 mb/d. Global oil production is poised to outpace demand from December, led by growth in the US and OPEC+ countries.
Sep 14, 2021 · Global oil demand is now expected to rise by 5.2 mb/d this year and by 3.2 mb/d in 2022. World oil supply fell 540 kb/d m-o-m in August to 96.1 mb/d and is expected to hold steady in September as unplanned outages offset increases from OPEC+.
World oil supply is set to rise 1.5 mb/d over November and December, with the US providing 400 kb/d of the gain. Saudi and Russia combined would account for 330 kb/d in line with OPEC+ targets. Total oil supply had already leapt 1.4 mb/d m-o-m in October after the US rebounded from Hurricane Ida.
Sep 28, 2021 · The year 2020 saw the largest ever global drop in energy and oil demand, but 2021 has witnessed a significant rebound as vaccines were rolled out, lockdowns were eased, mobility increased, economies opened up further, and fiscal and infrastructure packages were implemented.
The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.
Sep 28, 2021 · Oil use will rise by 1.7 million barrels per day in 2023 to 101.6 million bpd, OPEC said its 2021 World Oil Outlook, adding to robust growth already predicted for 2021 and 2022 , and...
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