Search results
Mar 9, 2020 · About this report. Oil 2020 examines the key issues in demand, supply, refining and trade to 2025. This year, the report considers topics such as the impact of the new coronavirus (COVID-19) on demand; slowing supply growth in the United States and other non-OPEC countries; and the level of spare production capacity in OPEC countries to help ...
Aug 5, 2021 · In 2020, U.S. gasoline consumption decreased to 8 million b/d, down 14% from 2019, to the lowest level since 1997. Distillate fuel oil, or diesel fuel, accounted for 21% of U.S. petroleum consumption in 2020. Diesel is consumed in every sector, but more than three-quarters is consumed in the transportation sector, mostly by commercial trucks ...
Aug 5, 2021 · By Tsvetana Paraskova - Aug 05, 2021, 11:30 AM CDT. U.S. petroleum consumption declined to 18.1 million barrels per day (bpd) last year, the lowest level in 25 years, the Energy Information ...
Nov 9, 2021 · Refineries have increased operations (increasing their demand for crude oil) at a faster rate than U.S. crude oil production has increased this year, contributing to the decline in U.S. crude oil inventories. U.S. crude oil inputs have nearly returned to the 2019 level for this time of year, despite several refinery closures since 2020.
Oct 14, 2020 · The overall demand estimate for 2020 is largely unchanged at 91.7 mb/d (down 8.4 mb/d versus 2019), as is the estimate for 2021 at 97.2 mb/d, (up 5.5 mb/d year-on-year). Global oil supply fell in September as OPEC+ countries improved the compliance rate with their agreement.
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. In an effort to continuously enhance the service provided to our readers, we are pleased to announce that the analysis provided in the OPEC Monthly Oil Market Report is now more accessible than ever.
People also ask
What are the key issues in oil 2020?
How will global oil demand change in 2025?
Is there a base case for oil demand in 2020?
Will OPEC+ supply the oil market through 2025?
What is the OPEC Monthly oil market report?
Will oil demand grow in the third quarter of 2020?
Apr 15, 2020 · The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Published April 2020.
