The International Energy Agency is slightly amending its estimates of global oil demand for the years 2022 and 2023, likely to be 99.9 million and 101.6 million barrels per day, respectively.
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“International Energy” revises global oil demand forecasts for the years 2022-2023
The International Energy Agency has slightly revised its estimates of global oil demand for the years 2022 and 2023, likely to be 99.9 million and 101.6 million barrels per day, respectively.
The agency’s December report said, “Expectations of global oil demand growth have increased compared to last month’s report,” noting that the estimates for the increase in 2022 were revised by 140,000 barrels per day, up to 2.3 million barrels per day, to reach 99.9 million barrels. Daily.
And the report continued: “The increase in 2023 will be by 100,000 barrels per day, up to 1.7 million barrels per day, to reach 101.6 million barrels per day.”
For its part, OPEC lowered its expectations The growth rate of global oil demand in 2022 In countries outside it increased by 24 thousand barrels, to 65.6 million barrels per day, and kept its expectations for 2023 for demand growth by 67.1 million barrels per day.