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0.5 million b/d
- We estimate that global oil inventories will increase by an average of 0.5 million b/d in the second half of 2025 (2H25). We forecast the Brent price will average $84/b in 2025.
www.eia.gov/outlooks/steo/report/global_oil.php
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Sep 5, 2024 · We estimate that global oil inventories will increase by an average of 0.5 million b/d in the second half of 2025 (2H25). We forecast the Brent price will average $84/b in 2025. Recent production outages in Libya add a new source of uncertainty for crude oil prices in the coming months.
The n-OPEC liquids supply growth in 2025 is expected on to stand at 1.3mb/d, mainly driven by the US, Brazil, Canada, Norway, Kazakhstan and Guyana. OPEC natural gas liquids (NGLs) and nonconventional liquids are forecast to - 64 grow by tb/d to around
Apr 12, 2024 · In 2025, global oil supply is forecast to increase by 1.6 mb/d to a new record of 104.5 mb/d, as non-OPEC+ lead gains for a third straight year, rising by 1.4 mb/d. For context, the additional volumes from the United States, Brazil, Guyana and Canada alone could come close to meeting world oil demand growth for this year and next.
Jan 17, 2024 · OPEC, in a monthly report, said world oil demand will rise by 1.85 million barrels per day in 2025 to 106.21 million bpd. For 2024, OPEC saw demand growth of 2.25 million bpd, unchanged from last...
Jan 10, 2024 · On Tuesday, the EIA said it anticipates global oil demand will grow by 1.2 million barrels a day in 2025, compared with the 1.4 million barrels a day expected in 2024.
Jul 11, 2024 · The company’s latest outlook report concludes that oil use will increase by about 2m barrels a day to peak at about 102m in 2025 across both of its forecasts – one that tracks the world current trajectory and one that shows the world meeting global net-zero targets by 2050.
Jan 17, 2024 · OPEC forecast that global oil demand will continue to increase strongly next year and exceed growth in supplies, according to the group’s first detailed assessment of 2025.
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