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- In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of 2021 (2H21) and $67/b in 2022, both $6/b higher than in the June STEO forecast.
www.eia.gov/todayinenergy/detail.php?id=48716Brent crude oil price forecast to average $72 per barrel in ...
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Mar 17, 2021 · Oil 2021, the IEA’s latest medium-term outlook, explains why. Rapid changes in behaviour from the pandemic and a stronger drive by governments towards a low-carbon future have caused a dramatic downward shift in expectations for oil demand over the next six years.
- Oil Market Report - December 2021 – Analysis - IEA
Global oil demand is now set to rise by 5.4 mb/d in 2021 and...
- Oil Market Report - September 2021 – Analysis - IEA
Global oil demand is now expected to rise by 5.2 mb/d this...
- Oil Market Report - December 2021 – Analysis - IEA
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.
Sep 14, 2021 · Global oil demand is now expected to rise by 5.2 mb/d this year and by 3.2 mb/d in 2022. World oil supply fell 540 kb/d m-o-m in August to 96.1 mb/d and is expected to hold steady in September as unplanned outages offset increases from OPEC+.
Oct 21, 2021 · Crude oil prices (an average of Brent, WTI, and Dubai) are expected to average $70 in 2021, an increase of 70 percent. They are projected to be $74 a barrel in 2022 as oil demand strengthens and reaches pre-pandemic levels.
Monthly Oil Market Report 2021. 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 ...
We project world oil demand will only increase 300,000 b/d from third to fourth quarter 2021. This slowdown will place greater importance on oil supply restraint if prices are to continue rising. The 2021 oil demand spike gave Saudi Arabia and OPEC+ greatly enhanced, but temporary, oil market power.
Jul 8, 2021 · In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of 2021 (2H21) and $67/b in 2022, both $6/b higher than in the June STEO forecast.
