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 /…
About IEA
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.
Learn More /…
