EIA revises global liquid fuels demand growth down because of the coronavirus tags: China STEO air transportation consumption/demand crude oil international + oil/petroleum The United States is projected to be a net exporter of crude oil in two AEO2020 side cases The U.S. Energy Information Administration on Tuesday cut its global oil demand growth forecast for this year by 310,000 barrels per day (bpd) as the coronavirus outbreak dents oil consumption in Global oil demand is expected to dive by 910,000 barrels per day (bpd) in the first quarter, the U.S. Energy Information Administration (EIA) said on Wednesday, as the rapid spread of coronavirus has slammed economic activity and travel, raising the specter of a global recession. Global oil demand should dive by 910,000 barrels per day (bpd) in the first quarter, the U.S. Energy Information Administration (EIA) forecast on Wednesday, as the rapid spread of coronavirus has Oil prices this week hit a 13-month low, with global benchmark Brent crude falling to about $53 a barrel, due to concern over the potential for lengthy oil demand destruction.
Jun 12, 2019 The EIA trimmed its forecast for world demand yesterday to around 1.22 million barrels per day, in fact, in its regular Short-Term Energy Outlook
Oct 14, 2019 World liquid fuels production and consumption balance. In the October STEO, EIA forecasts total global petroleum stocks in the second half of Jun 12, 2019 The EIA trimmed its forecast for world demand yesterday to around 1.22 million barrels per day, in fact, in its regular Short-Term Energy Outlook EIA expects global petroleum and liquid fuels consumption will average 99.1 million b/d in the first quarter of 2020, a decline of 0.9 million b/d from the same period in 2019. EIA expects global petroleum and liquid fuels demand will rise by less than 0.4 million b/d in 2020 and by 1.7 million b/d in 2021. In the February 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that global liquid fuels demand will average 101.7 million barrels per day (b/d) in 2020, 1.0 million b/d more than the 2019 average but 378,000 b/d less than was forecast EIA's global petroleum supply forecast assumes that the Organization of the Petroleum Exporting Countries (OPEC) will reduce crude production by 500,000 bpd from March through May because of lower
EIA has identified an issue with the factors we used to convert data measured by energy content (British thermal units) to volumetric measurements (barrels) in the International Energy Outlook 2019 oil supply tables. As a result, we have removed the relevant tables and analysis, and we are investigating the issue.
Oct 14, 2019 World liquid fuels production and consumption balance. In the October STEO, EIA forecasts total global petroleum stocks in the second half of Jun 12, 2019 The EIA trimmed its forecast for world demand yesterday to around 1.22 million barrels per day, in fact, in its regular Short-Term Energy Outlook EIA expects global petroleum and liquid fuels consumption will average 99.1 million b/d in the first quarter of 2020, a decline of 0.9 million b/d from the same period in 2019. EIA expects global petroleum and liquid fuels demand will rise by less than 0.4 million b/d in 2020 and by 1.7 million b/d in 2021. In the February 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that global liquid fuels demand will average 101.7 million barrels per day (b/d) in 2020, 1.0 million b/d more than the 2019 average but 378,000 b/d less than was forecast EIA's global petroleum supply forecast assumes that the Organization of the Petroleum Exporting Countries (OPEC) will reduce crude production by 500,000 bpd from March through May because of lower
Feb 13, 2020 EIA assumes that the timing of COVID-19's impact on petroleum demand will follow a similar path as the 2003 SARS coronavirus outbreak, with
Jun 12, 2019 The EIA trimmed its forecast for world demand yesterday to around 1.22 million barrels per day, in fact, in its regular Short-Term Energy Outlook EIA expects global petroleum and liquid fuels consumption will average 99.1 million b/d in the first quarter of 2020, a decline of 0.9 million b/d from the same period in 2019. EIA expects global petroleum and liquid fuels demand will rise by less than 0.4 million b/d in 2020 and by 1.7 million b/d in 2021. In the February 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that global liquid fuels demand will average 101.7 million barrels per day (b/d) in 2020, 1.0 million b/d more than the 2019 average but 378,000 b/d less than was forecast
The cut in global demand growth also reflects warmer-than-normal January temperatures across much of the northern hemisphere, the EIA said. The EIA also cut its growth forecast for surging U.S. crude output, which has helped make the United States the world's biggest oil producer, overtaking Saudi Arabia and Russia.
EIA has identified an issue with the factors we used to convert data measured by energy content (British thermal units) to volumetric measurements (barrels) in the International Energy Outlook 2019 oil supply tables. As a result, we have removed the relevant tables and analysis, and we are investigating the issue. EIA revises global liquid fuels demand growth down because of the coronavirus tags: China STEO air transportation consumption/demand crude oil international + oil/petroleum The United States is projected to be a net exporter of crude oil in two AEO2020 side cases