In its monthly oil market report for December, OPEC expected a global oil demand growth of 1.61 million barrels per day (bpd) for 2024, down about 210,000 bpd from the growth of 1.82 million bpd projected last month. OPEC attributed the adjustment to updated data for the first three quarte...
OPEC already lowered its forecasts for global oil demand growth in 2024 and 2025 in its monthly market reports for three months in a row since August. OPEC had maintained its global oil demand growth forecasts of 2.25 million bpd this year and 1.85 million bpd next year by August. Oil price...
In its monthly oil market report for November, OPEC expected a "healthy" global oil demand growth of 1.82 million barrels per day (bpd) for 2024, but down about 107,000 bpd from the growth of 1.93 million bpd projected last month. OPEC attributed the adjustment to updated data for the fi...
石油2024报告--分析和预测到2030年 Oil2024(英文原版).pdf,Oil 2024 Analysis and forecast to 2030 INTERNATIONAL ENERGY AGENCY The IEA examines the IEA member IEA association full spectrum countries: countries: of energy issues including oil, gas and Austra
forecast for the next two years. The report shows that OPEC has lowered its forecast for the year-on-year increase in global average daily oil demand in 2024 from 1.93 million barrels to 1.82 million barrels. The adjusted annual average daily oil demand is expected to be around 104 million ...
After Saudi Arabia and other major oil producers announced voluntary production cuts, crude oil bull Goldman Sachs has raised its forecast for Brent crude oil prices by the end of 2023 from $90 to $95, and by the end of 2024 from $97 to $100. ...
Where Are Prices Going? Oil Price Forecast for Q4 2023 23 April 2024 / Comments In an updated consensus by 37 economists and analysts, Brent crude is expected to average $86.15 from September through December 2023, a slight decrease from its current trading price of $86.70. This optimism ...
Market Forecast in 2032 US$ 84.98 Billion Market Growth Rate (2024-2032) 4.19% Driving forces for Palm Oil Market Increasing Requirement for Improved Palm Oil -Essential vitamins including vitamin A and vitamin D, which are critical for general health and wellbeing, are included in fortified palm...
The IEA now sees oil demand growth in 2025 outpacing this year, after it again downgraded its forecast for 2024 - mostly because of lower than anticipated first-quarter demand in Europe. In its latest Oil Market Report (OMR), published today, the Paris-based agency lowered its oil demand ...
The growth forecast for non-OPEC supply in 2022 was reduced by 300,000 bbl/d to 2.1 million bbl/d. OPEC cut its forecast for Russian output by 250,000 bbl/d and left its U.S. output growth estimate steady. OPEC expects supply of U.S. tight oil, another term for shale, to rise ...