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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.
A ramping up of world oil production capacity, led by the United States and other producers in the Americas, is expected to outstrip demand growth over the 2023-2030 forecast period and inflate the world’s spare capacity cushion to levels
Jan 26, 2024 · The upstream sector can expect moderate growth, despite predictions of an “oil demand peak” by fear-mongering federal agencies.
World oil demand growth, 2018-2024 for selected countries : China, India, Middle East, Rest of the World.
Jun 11, 2024 · The organization expects demand will average 104.5 MMbpd in 2024. For the first quarter, OPEC estimates that global oil consumption soared by 2.3 MMbpd, more than double the increase observed...
Jun 11, 2024 · The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 2.25 million barrels per day (bpd) in 2024 and by 1.85 million bpd in 2025. Both...
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Nov 3, 2023 · - As political narratives continue to shape the oil market’s sentiment about next year, two leading international organizations – the IEA and OPEC – have been holding widely different views ...
