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1. www.reuters.com › business › energyEIA forecasts larger records for 2024 US oil output, global ...

   www.reuters.com › business › energy

   Jun 11, 2024 · U.S. oil output and global oil demand will likely post bigger records this year than previously expected, the U.S. Energy Information Administration said on Tuesday.

2. www.cnn.com › 2024/06/11 › economyWhy oil companies are raking in record profits under Joe Biden

   www.cnn.com › 2024/06/11 › economy

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   Jun 11, 2024 · The energy industry’s recent profit windfall underscores the limited influence of any US president — whether in favor of fossil fuel or not — in the global oil and gas market.

3. www.reuters.com › business › energyEIA cuts 2024 world oil demand growth estimate, hikes output ...

   www.reuters.com › business › energy

   May 7, 2024 · NEW YORK, May 7 (Reuters) - World oil demand this year is expected to grow less than earlier forecast and output should expand faster than previous estimates, resulting in a more balanced...

4. www.eia.gov › outlooks › steoShort-Term Energy Outlook - U.S. Energy Information ...

   www.eia.gov › outlooks › steo

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   Jun 11, 2024 · We expect increases related to bunker fuels will contribute around 10% of total oil consumption growth in 2024. In OECD countries, liquid fuels consumption stays relatively flat in 2024 and increases by 0.3 million b/d in 2025.

5. www.iea.org › reports › oil-2024Oil 2024 – Analysis - IEA - International Energy Agency

   www.iea.org › reports › oil-2024

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   Jun 12, 2024 · The report provides detailed analysis and forecasts of oil demand fundamentals across fuels, sectors and regions. It also outlines projected supply from planned upstream and downstream projects around the world.

6. Videos

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     Oil demand growth projected to slow down nearly 50% in 2024: IEA

     Jan 18, 2024

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     IEA Cuts 2023 Global Oil Demand Outlook on Slowing Economies

     Jul 13, 2023

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     There could be a 'significant slowdown' in global oil demand growth in 2024: Morgan Stanley

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7. finance.yahoo.com › news › eia-estimates-slowerEIA estimates slower world oil demand growth in 2024

   finance.yahoo.com › news › eia-estimates-slower

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   May 8, 2024 · The US EIA revised its earlier forecast on world oil demand for 2024 on Tuesday, indicating that it is expected to grow at a slower pace. Additionally, the EIA predicts that global oil output...

8. finance.yahoo.com › news › global-oil-demand-grow-1Global oil demand to grow by 1.9 million bpd in 2024, says ...

   finance.yahoo.com › news › global-oil-demand-grow-1

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   Feb 29, 2024 · Forecasts for oil demand growth in 2024 differ dramatically, reflecting contrasting views on how quickly the world will shift from fossil fuels. OPEC believes oil use will keep rising over...

9. People also ask

   Will world oil demand grow in 2024?

   • World oil demand growth is now forecast at 1.3 mb/d in 2024, down sharply from last year’s 2.3 mb/d expansion. The slowdown in growth, already apparent in recent data, means that oil consumption reverts towards its historical trend after several years of volatility from the post-pandemic rebound.

   Oil Market Report - March 2024 – Analysis - IEA

   www.iea.org/reports/oil-market-report-march-2024

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   How will global oil consumption change in 2024?

   • Global oil consumption We forecast that global consumption of liquid fuels will increase by 1.1 million b/d in 2024 and 1.5 million b/d in 2025. Most of the expected growth is from non-OECD countries, which increase their liquid fuels consumption by 1.1 million b/d in 2024 and 1.3 million b/d in 2025.

   Short-Term Energy Outlook - U.S. Energy Information Administration (EI…

   www.eia.gov/outlooks/steo/report/global_oil.php

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   How much oil will the United States produce next year?

   • It expects U.S output to be around 13.71 million bpd next year, slightly below the previous 13.73 million bpd forecast. Global oil demand this year is also expected to be above estimates, which were already forecast to hit record highs, according to the June edition of the EIA's short-term energy outlook.

   EIA forecasts larger records for 2024 US oil output, global demand

   www.reuters.com/business/energy/eia-forecasts-larger-records-2024-us-oil-output-global-demand-2024-06-11/

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   Will US oil output and global oil demand post bigger records this year?

   • REUTERS/Bing Guan/File Photo Purchase Licensing Rights NEW YORK, June 11 (Reuters) - U.S. oil output and global oil demand will likely post bigger records this year than previously expected, the U.S. Energy Information Administration said on Tuesday.

   EIA forecasts larger records for 2024 US oil output, global demand

   www.reuters.com/business/energy/eia-forecasts-larger-records-2024-us-oil-output-global-demand-2024-06-11/

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