2022-10-13T11:05:00+03:00
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2022-10-13T11:05:00+03:00
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The IEA slightly lowered the forecast for oil demand in the world
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The International Energy Agency (IEA) has slightly lowered its estimate of global oil demand growth in 2022 and expects it to reach 99.6 million barrels per day in 2023… PRIME, 10/13/2022
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The IEA slightly lowered the forecast for oil demand in the world
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© fotolia.com/ tanawatpontchour
MOSCOW, 13 Oct – PRIME. The International Energy Agency (IEA) has slightly lowered its estimate of global oil demand growth in 2022 and expects it to reach 99.6 million barrels per day, in 2023 it expects growth to 101.3 million barrels, according to the agency’s October report.
IEA assesses completion of OPEC+ deal in September
In its September forecast, the IEA expected demand to rise by 2 million barrels per day in 2022.
“Global oil demand growth has been revised down by 60,000 bpd in 2022 and 470,000 bpd next year compared to last month’s report. Demand is now expected to rise by 1.9 million bpd in 2022 and by 1.7 million bpd in 2023, to 99.6 million bpd and 101.3 million bpd, respectively.
It is noted that global oil demand is still under pressure from China’s unstable economy, inflation and OPEC+’s decision to cut production.
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