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- Global oil demand is forecast to rise by a higher-than-expected 1.7 mb/d in 1Q24 on an improved outlook for the United States and increased bunkering.
www.iea.org/reports/oil-market-report-march-2024
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Will world oil demand grow in 2024?
How will oil supply change in 2024 & 2025?
How will global oil consumption change in 2024?
Will crude oil production grow in 2024 & 2025?
Mar 14, 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 - April 2024 – Analysis - IEA
With the post-Covid rebound now largely complete, and...
- Oil 2024 – Analysis - IEA - International Energy Agency
The report provides detailed analysis and forecasts of oil...
- Oil Market Report - April 2024 – Analysis - IEA
Jun 11, 2024 · World crude oil and liquid fuels consumption is expected to rise by 1.1 million bpd to 103 million bpd this year, the EIA said. That compares with a previous forecast of around 102.8 million...
Jun 21, 2024 · Search Now >>. “We forecast U.S. crude oil production will grow by two percent in 2024 and average 13.2 million barrels per day for the year and a further four percent in 2025,” the EIA stated ...
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.
Apr 12, 2024 · With the post-Covid rebound now largely complete, and vehicle efficiencies and an expanding EV fleet acting as further drags on oil demand, growth in 2024 and 2025 slows to 1.2 mb/d and 1.1 mb/d, respectively. Non-OPEC+, led by the US, is set to drive world supply growth through 2025.
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.
Jun 12, 2024 · In parallel, a surge in global oil production capacity, led by the United States and other producers in the Americas, is expected to outstrip demand growth between now and 2030.
