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- Following two consecutive months of decline, global oil demand surged by an estimated 3.2 mb/d to 96.8 mb/d in June. Robust global economic growth, rising vaccination rates and easing social distancing measures will combine to underpin stronger global oil demand for the remainder of the year.
www.iea.org/reports/oil-market-report-july-2021?mode=overview
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Sep 12, 2024 · Highlights. Global oil demand growth continues to decelerate, with reported 1H24 gains of 800 kb/d y-o-y the lowest since 2020. The chief driver of this downturn is a rapidly slowing China, where consumption contracted y-o-y for a fourth straight month in July, by 280 kb/d.
- Oil Market Report - December 2021 – Analysis - IEA
Global oil demand is now set to rise by 5.4 mb/d in 2021 and...
- Oil Market Report - December 2021 – Analysis - IEA
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.
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+.
Aug 14, 2024 · The latest International Energy Agency (IEA) report stresses that the market is experiencing a period of significant turbulence, driven by both macroeconomic and geopolitical factors. The global oil market has been nothing short of a rollercoaster ride in recent months.
Oil Market Report - July 2021 - Analysis and key findings. A report by the International Energy Agency.
Feb 15, 2022 · An upward revision in historical oil demand by the International Energy Agency in its monthly report points to a tighter global market than the West's energy watchdog had previously estimated.
Oct 12, 2023 · The International Energy Agency on Thursday said that oil markets are likely to remain on edge as the Israel-Hamas war persists, with investors closely monitoring the potential for output ...
