Oil demand supply forecast
11 Mar 2020 EIA forecasts OPEC crude oil production will average 29.2 million barrels per day (b/d) from Supply & Consumption, (million barrels per day). Healthy 2019-20 demand growth (supported by MARPOL) leads to a recovery in prices despite higher supply from US shale. OPEC concludes the cut deal in 2020 Global Oil Supply & Demand Outlook to 2035. “If demand growth stays healthy and OPEC+ maintains discipline over production levels, we could forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, Oil 2020 examines the key issues in demand, supply, refining and trade to 2025. Between 2019 and 2025, global oil demand is forecast to grow at an average 5 Nov 2019 OPEC has downwardly revised its forecast for global oil demand growth over both Barkindo: We see a continuous surge of non-OPEC supply. 5 Nov 2019 The Organization of the Petroleum Exporting Countries (OPEC) cut its medium- and long-term oil demand forecasts in the report. OPEC supply
5 Nov 2019 OPEC has downwardly revised its forecast for global oil demand growth over both Barkindo: We see a continuous surge of non-OPEC supply.
forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, Oil 2020 examines the key issues in demand, supply, refining and trade to 2025. Between 2019 and 2025, global oil demand is forecast to grow at an average 5 Nov 2019 OPEC has downwardly revised its forecast for global oil demand growth over both Barkindo: We see a continuous surge of non-OPEC supply. 5 Nov 2019 The Organization of the Petroleum Exporting Countries (OPEC) cut its medium- and long-term oil demand forecasts in the report. OPEC supply 13 Feb 2020 Overall 2020 oil demand is now forecast at 100.97 million b/d, 480,000 b/d The IEA said it still expects non-OPEC supply growth in 2020 of 2
The March OMR will have the usual data and projections through end-2020, but with abridged text due to the release of Oil 2020 on the same day (provided free of charge to OMR subscribers). In the June report, supply and demand forecasts will be extended to 2021.
13 Jun 2019 The oil producer group and its allies meet in the coming weeks to decide whether to maintain supply curbs, with some having become alarmed by
12 Sep 2019 The big difference in demand/supply growth has put pressure on OPEC+ to extend the current cuts or even deepen its output cuts to support oil
13 Oct 2019 The International Energy Agency (IEA) cut its oil demand forecast yet the global oil market “withstood a textbook case of a large-scale supply 3 Jan 2020 On the supply side, the market should expect Opec+ crude output to a forecast of 1.4mn bl/d of demand growth in 2020, with 1.1mn bl/d of in world oil and energy markets; 2) review past and recent forecasts of oil prices and oil markets; and 3) project world oil demand, supply and prices to 2010.
Oil 2020 examines the key issues in demand, supply, refining and trade to 2025. Between 2019 and 2025, global oil demand is forecast to grow at an average
Iran and Venezuela are forecast to post the deepest losses, though the outlook could change dramatically depending on political factors. Supply growth is supported by several countries Change in total oil supply for selected countries, 2018-2024 Oil supply minus demand Brent 2017 annual average Brent price 2018 average Brent price Global oil market balance Brent oil price 2017–2018 USD/bbl 2.5 2.0 1.5 1.0 0.5 0-0.5-1.0-1.5-2.0-2.5-40%
3 Jan 2020 On the supply side, the market should expect Opec+ crude output to a forecast of 1.4mn bl/d of demand growth in 2020, with 1.1mn bl/d of in world oil and energy markets; 2) review past and recent forecasts of oil prices and oil markets; and 3) project world oil demand, supply and prices to 2010.