ENERGY: Latest Oil Market Report/September 2023 – Data, Forecasts and Analysis of the global oil market by the IEA
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Monday, 18th September 2023
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries.
About the report
World oil demand remains on track to grow by 2.2 mb/d in 2023 to 101.8 mb/d, led by resurgent Chinese consumption, jet fuel and petrochemical feedstocks. In 2024, naphtha and LPG/ethane, especially in China, will dominate an overall increase of a more modest 990 kb/d, to 102.8 mb/d, reflecting below-trend GDP growth and a structural decline in road transport fuel use in major markets. Learn More /…
The IEA works with governments and industry to shape a secure and sustainable energy future for all. The IEA provides authoritative analysis, data, policy recommendations and solutions to ensure energy security and help the world transition to clean energy.
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