Search results
Apr 24, 2024 · Although crude oil price volatility has remained relatively lower during the past six months, compared to H1 2023 and 2022, uncertainty around crude oil prices remain due to geopolitical issues across several regions globally and continued OPEC+ supply cuts.
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. PublishedOctober 2024.
Dec 14, 2023 · LONDON, Dec 14 (Reuters) - World oil demand will rise faster than expected next year, the International Energy Agency (IEA) said on Thursday, a sign that the outlook for near-term oil use remains...
Jan 24, 2024 · The Global Energy Perspective 2023 models the outlook for demand and supply of energy commodities across a 1.5°C pathway, aligned with the Paris Agreement, and four bottom-up energy transition scenarios.
Global oil markets will need to traverse myriad challenges in the medium-term as structural shifts reshape oil demand and trade flows, while rising oil supplies could potentially weigh on prices through the end of the decade.
23 hours ago · Oil was down more than 4% a barrel towards $74 on Tuesday, pressured by the weaker demand outlook and after a media report said Israel is willing not to strike Iranian oil targets. CHINA UNDERSHOOTS
Mar 14, 2024 · Global supply for 2024 is forecast to increase 800 kb/d to 102.9 mb/d, including a downward adjustment to OPEC+ output. Refinery crude runs are forecast to rise from a February-low of 81.4 mb/d to a summer peak of 85.6 mb/d in August.
