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  1. 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.

  2. 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.

  3. The 2021 oil supply forecast primarily sees growth in Canada, Russia, the US, China, Guyana, Argentina, Qatar and Norway, while output is projected to decline in the UK, Brazil, Colombia and Indonesia.

  4. 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.

  5. Mar 17, 2021 · For 2021, global oil demand is forecast to grow by 5.5 mb/d to 96.5 mb/d, recovering around 60% of the volume lost in 2020. Oil demand will return to 2019 levels by 2023, as shown in our OIL 2021 report released today.

  6. Sep 28, 2021 · Global oil demand is forecast to reach 108.2 mb/d by 2045, from a low of 90.6 mb/d witnessed in 2020. The non-OECD drives oil demand with growth of 25.5 mb/d by 2045 (compared to 2020), whereas the OECD region is expected to contract by 7.9 mb/d.

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  8. Global oil demand is strengthening due to robust gasoline consumption and increasing international travel as more countries re-open their borders.

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