Baku 16° C
IEA lowers global oil demand growth estimate in 2024 by 41,000 bpd
Energy
- 15 October, 2024
- 09:07
Add Report.az to preferred Google sources
Stay up to date with the top news!
Global oil demand in 2024 will increase by 862,000 barrels per day (bpd) compared to the previous year, according to the October report of the International Energy Agency (IEA), Report informs.
Analysts have lowered their estimate of demand growth by 41,000 bpd. They have revised downward their expectations for demand in 2023-2025.
Last year, the figure was 101.98 million bpd (September estimate - 102.08), in 2024 the figure is expected to be 102.84 million bpd (previous estimate - 102.99 million bpd), and in 2025 - 103.84 million bpd (August estimate - 103.94 million bpd).
The forecast for global oil demand growth in 2025 has increased by 44,000 bpd: from 954,000 bpd to 998,000 bpd.
Author
Latest News
14:58
Photo
Azerbaijan Airlines and Sea Breeze announce 100 winners of joint lottery
Infrastructure
14:58
Azerpambig's export revenues rise by more than 61%
AIC
14:39
Jeyhun Bayramov and Hakan Fidan hold one-on-one talks in Ankara
Foreign policy
14:36
Costa to initiate appointment of Lagarde's successor for ECB chief
Other countries
14:30
NATO to discuss military aid for Ukraine amid delays in Patriot missile deliveries
Other countries
14:21
Hollywood star of 1960s Elke Sommer dies at 85
Other countries
14:15
Azeraluminium's export revenues surge by nearly 60%
Industry
14:10
Mahmoud Abbas arrives in Cyprus for talks with Christodoulides
Other countries
13:55
Russian strike on railway station in Dnipro kills 13
Other countries