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- While S&P Global Platts Analytics projects that 2021 global oil demand will regain approximately 75% of the 2020 demand loss, we do not project overall consumption to return to pre-COVID-19 levels until late 2022 and believe long-term demand for oil has been permanently altered.
www.spglobal.com/en/research-insights/special-reports/moving-mountains-covid-19-and-peak-oil-demand
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Jun 14, 2023 · Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according to a new IEA report released today.
Sep 24, 2024 · OPEC expects world oil demand to reach 118.9 million barrels per day (bpd) by 2045, around 2.9 million bpd higher than expected in last year's report.
Jan 24, 2024 · After a steep decline due to COVID-19, oil demand increased to pre-pandemic levels in 2023 at 101.7 million barrels per day (MMb/d). However, growth may not last long, as peak demand is projected to materialize before 2030 across our four bottom-up energy transition scenarios.
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...
Jun 12, 2024 · New IEA medium-term outlook sees comfortably supplied oil markets to 2030, though unwavering focus on energy security will remain crucial as powerful forces transform sector. Growth in the world’s demand for oil is expected to slow in the coming years as energy transitions advance.
2 days ago · The poll of 40 analysts and economists conducted in the past two weeks projected Brent crude would average $80.55 per barrel this year and $76.61 in 2025, down from estimates of $81.52 and $76.94 ...
Jul 11, 2023 · Is the globe’s thirst for oil finally topping out? A major international energy watcher says yes, predicting last month that demand for global oil for transport will peak around 2026, plateau for all uses by 2028, and possibly hit a zenith by the end of the decade.
