World Oil Outlook

China's Slowing Oil Demand Growth Is Likely to Persist and Could ...

For world oil consumption to continue to grow at the historical one-plus million bpd per year rate, other countries/regions such as Africa, ...

Oil Demand Forecasts And The Future Of The Middle East – OpEd

However, the International Energy Agency (IEA) disagrees. (2) According to its recently published World Energy Outlook 2024 report, (3) global ...

World oil demand next year to rise faster than expected, IEA says

The forecast is a sign that the outlook for near-term oil use remains robust despite this week's COP28 agreement to transition away from ...

Brent crude oil - Price - Chart - Historical Data - News

Brent crude oil is expected to trade at 74.99 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

The World Will Be Swimming in Excess Oil by End of This Decade ...

In advanced economies, demand is forecast to fall from around 45.7 million barrels per day in 2023 to 42.7 million barrels per day in 2030.

Global Oil and Gas Outlook 2024 - Fitch Ratings

Global oil and gas (O&G) sector performance in 2024 will remain broadly in line with that in 2023 and stronger than mid-cycle levels.

OPEC Forecasts 23% Rise in Global Oil Demand Through 2045

The Organization of the Petroleum Exporting Countries (OPEC) forecasts global oil demand will continue to rise through 2045, fueled by economic ...

Opec again cuts growth forecast of global oil demand in 2024, 2025

On Tuesday, Opec in a monthly report said world oil demand will rise by 2.03 million barrels per day (bpd) in 2024, down from growth of 2.11 ...

Opec Further Cuts Outlook for Oil Demand Growth

Opec has cut its 2024 global oil demand growth forecasts for the third consecutive month, according to its Monthly Oil Market Report, released Monday.

Global oil surplus expected to weigh down crude prices

Their forecast for WTI is to average US$72.73 per barrel, down about $4 from the average for 2024. They forecast the international benchmark, ...

Oil prices will remain above US$80/b until late 2025

EIU forecasts crude oil prices to remain above US$80/barrel until late 2025 versus. What next? We forecast oil prices ...

Energy Outlook | Energy economics | Home - BP

The outlook for energy in two scenarios · Current Trajectory is designed to capture the broad pathway along which the global energy system is ...

Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices ...

OPEC's World Oil Outlook 2021 launched in Vienna - YouTube

The 2021 OPEC World Oil Outlook (WOO) was launched today in Vienna, Austria. The 15th edition of the WOO presents an in-depth review of the ...

OPEC: global oil demand to hit 120.1M barrels per day (BPD) by ...

OPEC's World Oil Outlook 2050, published earlier this year, projects that global oil demand i will reach 112.3 mb/d in 2029, representing a ...

EIA lifts 2024 oil demand outlook, India takes lead

"We estimate that global oil inventories fell by 0.9 million barrels per day (b/d) in 3Q24, and we estimate they will fall by an average of 0.3 ...

OPEC Boosts Global Oil Demand Forecast | OilPrice.com

OPEC has increased its global oil demand forecasts for 2023, 2027, 2030, and 2045, with a focus on energy security driving more robust ...

Global oil outlook: return to the absence of surplus and its implications

The growing global dependence on gulf oil · The changing structure of the oil market · Economic rent and oil pricing · Oil taxation · Implications for the oil ...

#Happeningnow: #OPEC's launch event of the 2020 World Oil ...

#Happeningnow: #OPEC's launch event of the 2020 World Oil Outlook is beginning via videoconference. Today's event includes OPEC experts ...

Opec again cuts 2024, 2025 oil demand growth forecasts

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday (Nov 12), highlighting China, ...