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“International Energy” revises its forecast for global oil demand for the years 2022 and 2023

by Ethan Caldwell

The International Energy Agency is slightly modifying its estimates of global oil demand for the years 2022 and 2023, which are expected to be 99.9 million and 101.6 million barrels per day, respectively.

  • “International Energy” revises the forecast for global oil demand for the years 2022-2023

The International Energy Agency slightly revised its estimates of global oil demand for the years 2022 and 2023, to 99.9 million and 101.6 million barrels per day, respectively.

The agency’s December report said, “Global oil demand growth expectations have increased since last month’s report,” noting that estimates for the 2022 increase have been revised by 140,000 bpd, up to 2.3 million barrels per day, to reach 99.9 million barrels Every day.

And the report continued: “The increase in 2023 will be 100,000 barrels per day, up from 1.7 million barrels per day, to reach 101.6 million barrels per day.”

For its part, OPEC has lowered its expectations The growth rate of global oil demand in 2022 In extra countries it increased by 24 thousand barrels, to 65.6 million barrels per day, and maintained expectations for 2023 of a growth in demand of 67.1 million barrels per day.

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