https://sputnikglobe.com/20230913/iea-expects-2023-global-oil-demand-to-reach-1018mln-bpd-1113334967.html
IEA Expects 2023 Global Oil Demand to Reach 101.8Mln Bpd
IEA Expects 2023 Global Oil Demand to Reach 101.8Mln Bpd
Sputnik International
The International Energy Agency (IEA) said on Wednesday that it expects the global oil demand to reach 101.8 million barrels per day.
2023-09-13T08:39+0000
2023-09-13T08:39+0000
2023-09-13T08:39+0000
economy
oil
international energy agency (iea)
russia
russian economy under sanctions
https://cdn1.img.sputnikglobe.com/img/101637/90/1016379096_0:343:5456:3412_1920x0_80_0_0_7ebec5d931c9220939d74d977b67aba3.jpg
The forecast remains the same as in the previous 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," the IEA’s report said.The International Energy Agency (IEA) said on Wednesday that the global oil production will reach 101.6 million barrels per day.The forecast remains the same as in the previous report.“Taken altogether, world oil output this year is projected to expand by 1.5 mb/d to a record 101.6 mb/d, with the US, Iran – despite international sanctions – and Brazil ranking as the world’s top three sources of growth,” the IEA said in its report.Russian Oil Exports and RevenuesRussia cut oil production in August remained at the level of 9.48 million barrels per day as in July, a fresh report by the International Energy Agency (IEA) said on Wednesday."Russian crude oil output was broadly steady in August at close to 9.5 mb/d," the report read, with the data specifying that the output was at 9.48 million barrels per day both in July and August.The IEA also said in the report that Russia decreased its oil exports in August by 150,000 barrels per day to 7.2 million barrels per day, but it received the largest revenue since October 2022."Russian oil export revenues surged by $1.8 bn in August to their highest level since October 2022. While overall export volumes fell 150 kb/d m-o-m, the weighted average price of Russian crude increased by $9.30/bbl (+14.4%)," the report read.
https://sputnikglobe.com/20230907/russia-winning-war-against-wests-hot-air-oil-and-gas-sanctions-threat-1113183868.html
https://sputnikglobe.com/20230906/putin-saudi-crown-prince-note-cut-in-oil-production-will-stabilize-market---kremlin-1113148989.html
russia
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
oil, hydrocarbon, hydrocarbon exports, global oil demand, russian oil, iea
oil, hydrocarbon, hydrocarbon exports, global oil demand, russian oil, iea
IEA Expects 2023 Global Oil Demand to Reach 101.8Mln Bpd
MOSCOW (Sputnik) - The International Energy Agency (IEA) said on Wednesday that it expects the global oil demand to reach 101.8 million barrels per day.
The forecast remains the same as in the previous 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," the IEA’s report said.
7 September 2023, 21:09 GMT
The International Energy Agency (IEA) said on Wednesday that the global oil production will reach 101.6 million barrels per day.
The forecast remains the same as in the previous report.
“Taken altogether, world oil output this year is projected to expand by 1.5 mb/d to a record 101.6 mb/d, with the US, Iran – despite international sanctions – and Brazil ranking as the world’s top three sources of growth,” the IEA said in its report.
Russian Oil Exports and Revenues
Russia cut oil production in August remained at the level of 9.48 million barrels per day as in July, a fresh report by the International Energy Agency (IEA) said on Wednesday.
6 September 2023, 09:51 GMT
"Russian crude oil output was broadly steady in August at close to 9.5 mb/d," the report read, with the data specifying that the output was at 9.48 million barrels per day both in July and August.
The IEA also said in the report that Russia
decreased its oil exports in August by 150,000 barrels per day to 7.2 million barrels per day, but it received the
largest revenue since October 2022.
"Russian oil export revenues surged by $1.8 bn in August to their highest level since October 2022. While overall export volumes fell 150 kb/d m-o-m, the weighted average price of Russian crude increased by $9.30/bbl (+14.4%)," the report read.
