IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion
Green Car Congress
JUNE 18, 2022
The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 Non-OPEC+ is set to lead world supply growth through next year, adding 1.9 As for OPEC+, total oil output in 2023 may fall as embargoes and sanctions shut in Russian volumes and producers outside the Middle East suffer further declines.
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