Iea oil production forecast

15 Feb 2020 The IEA slashed its demand forecast for the first quarter of 2020, Related: Africa's Largest Oil Nation Could See Production Drop 35%. For the 

22 Jan 2020 The US Energy Information Administration (EIA) said that supply may still increase. It expects US crude inventories production in large shale  18 Nov 2019 This follows the IEA's claim in its annual Energy Outlook that US shale-oil production will impact on global energy markets in the coming years,  11 Oct 2019 data and short-term forecasts of the IEA Oil Market Report and the The IEA and OPEC report slight increases in Non-OECD supply growth. 13 Nov 2019 The IEA outlook sees primary energy demand growing by a quarter by U.S. tight crude oil production is seen rising to 11 million bpd in 2035 

Factbox: Key oil forecasts from the IEA's World Energy Outlook. London — The International Energy Agency on Tuesday published its latest World Energy Outlook, containing closely watched, long-term forecasts for energy supply and demand to 2040.

9 Mar 2020 The IEA also published its medium-term outlook examining the key issues in global demand, supply, refining and trade to 2025. Following a  15 Feb 2020 The IEA slashed its demand forecast for the first quarter of 2020, Related: Africa's Largest Oil Nation Could See Production Drop 35%. For the  12 сен 2019 We lowered our global growth forecasts for 2019 and 2020 by 100 kb/d and 50 kb/d, to 1.1 mb/d and 1.3 mb/d, respectively. Global oil supply  13 Feb 2020 IEA's quarterly US oil production forecasts: Q1 2020 - 12.704 mb/d; Q2 2020 - 12.836 mb/d; Q3 2020 - 13.054 mb/d. IEA basically has a rather  20 Jan 2020 That's the bottom line from a comparison of supply-and-demand forecasts provided by OPEC, the International Energy Agency in Paris, and the 

In its closely-watched oil-market report, the IEA said it expects non-OPEC oil supply growth to rise to 2.3 million barrels a day next year, up from 2.2 million barrels a day in its previous estimate.

forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity,  6 Mar 2020 forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and  1 Jan 2020 forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and  9 Mar 2020 The IEA also published its medium-term outlook examining the key issues in global demand, supply, refining and trade to 2025. Following a  15 Feb 2020 The IEA slashed its demand forecast for the first quarter of 2020, Related: Africa's Largest Oil Nation Could See Production Drop 35%. For the  12 сен 2019 We lowered our global growth forecasts for 2019 and 2020 by 100 kb/d and 50 kb/d, to 1.1 mb/d and 1.3 mb/d, respectively. Global oil supply 

The United States becomes a net energy exporter in 2020 and remains so throughout the projection period as a result of large increases in crude oil, natural gas, and natural gas plant liquids (NGPL) production coupled with slow growth in U.S. energy consumption.

Annual US production growth slows from the breakneck pace seen in recent years, but updated official estimates of underlying resources nonetheless mean that the United States accounts for 85% of the increase in global oil production to 2030 in the Stated Policies Scenario, and for 30% of the increase in gas. EIA forecasts OPEC crude oil production will average 29.2 million barrels per day (b/d) from April through December 2020, up from an average of 28.7 million b/d in the first quarter of 2020. EIA forecasts OPEC crude oil production will rise to an average of 29.4 million b/d in 2021. For 2020 as a whole, IEA has reduced its global growth forecast by 365,000 b/d to 825,000 b/d, the lowest since 2011. Meantime, growth in 2019 has been trimmed by 80,000 b/d to 885,000 b/d on Key Points. The IEA cut its oil demand growth estimate for 2019 by 90,000 bpd to 1.3 million bpd. The report also revealed a global supply drop in April of 300,000 bpd, led by Iran, Azerbaijan, Kazakhstan and Canada. Non-OPEC supply is forecast to grow 1.9 million bpd versus 2.8 million bpd last year. Oil 2019, the annual IEA outlook for global oil markets, examines the key issues in demand, supply, refining and trade to 2024. This year, the report covers the following themes: a changed supply picture led by the rise of the United States in world markets thanks to rapidly-growing shale oil production, as it becomes a net exporter of crude oil and products; supply growth in the non-OPEC

22 Jan 2020 The US Energy Information Administration (EIA) said that supply may still increase. It expects US crude inventories production in large shale 

Bakken oil production forecast to top 1 million barrels per day next month. Production, depletion trends are keys to predicting natural gas and oil production. Drilling efficiency is a key driver of oil and natural gas production. Drilling often results in both oil and natural gas production. The United States becomes a net energy exporter in 2020 and remains so throughout the projection period as a result of large increases in crude oil, natural gas, and natural gas plant liquids (NGPL) production coupled with slow growth in U.S. energy consumption. Oil markets are going through a period of extraordinary change as the United States is increasingly leading the expansion of global oil supplies, and demand is shifting from developed economies and transportation fuels to Asia and petrochemicals.

15 Feb 2020 The IEA slashed its demand forecast for the first quarter of 2020, Related: Africa's Largest Oil Nation Could See Production Drop 35%. For the  12 сен 2019 We lowered our global growth forecasts for 2019 and 2020 by 100 kb/d and 50 kb/d, to 1.1 mb/d and 1.3 mb/d, respectively. Global oil supply  13 Feb 2020 IEA's quarterly US oil production forecasts: Q1 2020 - 12.704 mb/d; Q2 2020 - 12.836 mb/d; Q3 2020 - 13.054 mb/d. IEA basically has a rather  20 Jan 2020 That's the bottom line from a comparison of supply-and-demand forecasts provided by OPEC, the International Energy Agency in Paris, and the  12 Dec 2019 In its closely-watched oil-market report, the IEA said it was trimming its 2020 non- OPEC oil supply growth forecast by 200,000 barrels a day to  11 Oct 2019 Global oil supply slid by 1.5m b/d in September to 99.3m b/d after attacks on Saudi oil facilities that temporarily halved the kingdom's production  13 Nov 2019 IEA predicts global oil demand will level off around 2030 in passenger cars will have peaked, the IEA said in its long-term World Energy Outlook. If OPEC continues restraining production to prop up prices, its output won't