Crude oil demand growth forecast
11 Oct 2019 The International Energy Agency (IEA) has cut its oil demand growth forecast for 2019 and 2020 by 0.1 million barrels a day (mb/d) due to 13 Jun 2019 The Organisation of Petroleum Exporting Countries (OPEC) has cut its forecast for global oil demand growth and warned of further potential 12 Sep 2019 The group also revised down its 2020 demand growth forecasts by 60Mbbls/d and now expects oil demand to increase by 1.08MMbbls/d YoY in OPEC has lowered its outlook numbers for global oil demand growth, to 104.8 million barrels per day (b/d) by 2024, and 110.6 million b/d by 2040.
OPEC has lowered its outlook numbers for global oil demand growth, to 104.8 million barrels per day (b/d) by 2024, and 110.6 million b/d by 2040.
13 Feb 2020 The expected decline in demand prompted the agency to cut its 2020 growth forecast by 365,000 b/d to 825,000 barrels a day, the lowest since Demand is now expected to fall by 435 kb/d y-o-y in 1Q20, the first quarterly contraction in more than 10 years. We have cut our 2020 growth forecast by 365 12 фев 2020 Opec has revised down its forecast for 2020 oil demand growth to reflect the impact of the Chinese coronavirus outbreak on consumption. forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, 11 Mar 2020 According to the OPEC Monthly Oil Market Report, world oil demand will increase by 1.2 million barrels per day in 2020. Price forecasts of other The fastest-growing source of global oil demand growth are petrochemicals, Global refining capacity additions to 2023 are forecast to amount 7.7 mb/d. At the 12 Feb 2020 The impact of the coronavirus will depress global oil demand growth its world oil demand growth forecast for the sixth time in nine months,
The forecast of stable crude oil prices is the result of EIA’s expectations of a relatively balanced global oil market. EIA forecasts global oil inventories will increase by 0.1 million barrels per day (b/d) in 2019 and 0.3 million b/d in 2020.
2 Aug 2017 Building a better crude oil price outlook model by dissecting the EIA AEO report. the growth in demand for crude oil has slowed down significantly. that updates their base case for long and short term oil price forecasts. The visualisation shows the global consumption of fossil fuels – coal, oil and gas The majority of growth in global coal production has been sourced from the Asia His prediction that the United States would peak in oil production in 1970
Oil 2019, the annual IEA outlook for global oil markets, examines the key issues in demand, supply, refining and trade to 2024. This year, the report covers the following themes: a changed supply picture led by the rise of the United States in world markets thanks to rapidly-growing shale oil production, as it becomes a net exporter of crude oil and products; supply growth in the non-OPEC
13 Feb 2020 The expected decline in demand prompted the agency to cut its 2020 growth forecast by 365,000 b/d to 825,000 barrels a day, the lowest since
OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted the need for ongoing efforts to prevent a new
11 Mar 2020 According to the OPEC Monthly Oil Market Report, world oil demand will increase by 1.2 million barrels per day in 2020. Price forecasts of other The fastest-growing source of global oil demand growth are petrochemicals, Global refining capacity additions to 2023 are forecast to amount 7.7 mb/d. At the 12 Feb 2020 The impact of the coronavirus will depress global oil demand growth its world oil demand growth forecast for the sixth time in nine months,
IEA reduces 2020 global oil demand growth forecast to 825,000 b/d. Global oil demand has been hit hard by the coronavirus and the widespread shutdown of China’s economy.