EIA Short-Term Energy Outlook Report: Global oil demand is expected to reach 103.67 million b/d in 2025, an increase of 121 million b/d over 2024.The translation is provided by third-party software. The above content is for informational or educational purposes only and does not constitute ...
Energy Information Administration (EIA) of a declining global oil demand by 1.7 million barrels per day (b/d) in 2009 before increasing 940,000 b/d in 2010. According to the EIA, of that decline, the majority of it occurred in industrialized nations or counties belonging to the Organization...
Global crude oil demand is expected to exceed global oil production for the sixth quarter in a row before supply and demand finds a relative balance in the first quarter of 2022, likely giving rise to limited upward price pressure in the coming months, the US Energy Information Administration ...
Furthermore, the degree to which other oil producers respond to current oil prices, as well as the effects macroeconomic developments might have on global oil demand, will be important for oil price formation in the coming months, the report added. However, the rising consumption going into the...
Barrons Roundtable discusses the price of oil and the demand for natural gas. The U.S. led the world in oil production for the sixth consecutive year in 2023, according to a new report from the Energy Information Administration (EIA). Crude oil production in the U.S., including condensate...
EIA expected U.S. crude oil production to average 12.4 million b/d in 2019 and 13.2 million b/d in 2020, with most of the growth from the Permian region of the state of Texas and New Mexico. When it comes to oil prices, EIA forecast Brent spot prices will average 61 U.S. dollars...
On the one hand, demand in the Western world is down, its weak, while in the Eastern world, in Asia – in China and India – demand is relatively strong. And this is a complicating matter. At the same time, in supply, in Libya, for example, the oil production is not under the [...
year have prompted a shift from natural gas to distillates as feedstock for power plants, boosting demand for the latter. So while the U.S. government has sold nearly 200 million barrels of its strategic crude reserve this year, and supplies of crude oil and gasoline have improved, supplies ...
1.PROGNOSTICATION RESULTS AND MODEL SYSTEMS OF GLOBAL ENERGY DEMAND解析全球能源需求预测结果及相关模型体系 2.IEA forecasts recovery of world oil demand next year国际能源总署预测全球石油需求明年将回升 3.Application of Extension Method to Energy Demand Forecast;可拓分析法在能源需求预测中的应用 ...
Crude demand in China has weakened and is a bearish factor for oil prices. According to data compiled by Bloomberg, China's Oct apparent oil demand fell -5.4% y/y to 14.07 million bpd, and Jan-Oct apparent oil demand was down -4.03% y/y to 14.00 million bpd. China is the world's...