IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion
Green Car Congress
JUNE 18, 2022
In contrast to 2022 when the OECD led the expansion, non-OECD economies are set to account for nearly 80% of growth next year. Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 mb/d in 2022 to 2.2 mb/d in 2023, according to the forecast. mb/d in 2022 and 1.8 mb/d in 2023, according to IEA.
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