Yahoo Canada Web Search

Search results

  1. In 2023, world oil demand exceeded 100 million bbl/d for the first time since the pandemic. Forecasts suggest global oil demand will grow even more in 2024.

  2. World oil demand growth, 2018-2024 for selected countries : China, India, Middle East, Rest of the World.

  3. Mar 14, 2024 · The latter’s oil demand growth slows from 1.7 mb/d in 2023 to 620 kb/d in 2024, or from roughly three-quarters to half of the global total, under the gathering weight of a challenging economic environment and slower expansion in its petrochemical sector. As in 2023, non-OPEC+ oil supply growth will eclipse the oil demand expansion by some margin.

  4. Apr 12, 2024 · 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. Published April 2024.

  5. revised up slightly in 1Q23. In the nonOECD, demand was also revised upward to account for bullish oil - demand seen in China in 2Q23 and a slight improvement in Latin America over the same period. For 2024, world oil demand is forecast to grow by a healthy 2.2 mb/d, reaching about 104.25 mb/d. The OECD is

  6. Monthly Oil Market Report 2024. 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 ...

  7. People also ask

  8. May 8, 2024 · The latest report by the US Energy Information Administration (EIA) predicts slower global oil demand growth for 2024 and a 2% decline in US natural gas production from the first quarter (Q1) of ...

  1. People also search for