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Search results for: โ€œoil demandโ€

  • Global oil demand forecasts: by end use, by product, by region?

    Global oil demand forecasts: by end use, by product, by region?

    This model forecasts long-run oil demand to 2050, by end use, by year, and by region; across the US, the OECD and the non-OECD. We see demand gently rising through the 2020s, peaking at 105Mbpd in 2026-28, then gently falling to 85Mbpd by 2050 in the energy transition.

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  • Global oil demand: breakdown by product by country?

    Global oil demand: breakdown by product by country?

    This data-file breaks down global oil demand, country-by-country, product-by-product, month-by-month, across 2017-2022. The goal is to summarize the effects of COVID, and the subsequent recovery in oil markets. Global oil demand is hitting new highs, even though several product categories are still not fully recovered.

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  • Japan oil demand: breakdown over time?

    Japan oil demand: breakdown over time?

    Japanโ€™s oil demand peaked at 5.8Mbpd in 1996, and has since declined at -2.0% per year to 3.4Mbpd in 2023. To some, this trajectory may be a harbinger of events to come in broader global oil markets? While to others, Japan has unique features that do not generalize globally? Hence this report and data-file…

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  • Oil demand: how much can you save in a crisis?

    Oil demand: how much can you save in a crisis?

    Oil consuming countries are encouraged to have emergency plans to save 7-10% of their demand in a crisis. This data-file outlines how. c10Mbpd could be saved globally. But it requires extreme measures. Largest are odd-even rationing, ride-sharing, free public transit and lower highway speed limits.

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  • COVID-19 Impacts on Global Oil Demand?

    COVID-19 Impacts on Global Oil Demand?

    Global oil demand could decline -22Mbpd YoY in 2Q20, due to COVID-19, with losses averaging 9-12 Mbpd across 2020. Our model looks line-by-line around the global oil market, to help you stress-test your own scenarios under different input assumptions.

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  • On the road: long-run oil demand after COVID-19?

    On the road: long-run oil demand after COVID-19?

    Another devastating impact of COVID-19 may still lie ahead: a 1-2Mbpd upwards jolt in global oil demand. This 17-page note upgrades our 2022-30 oil demand forecasts by 1-2Mbpd above our pre-COVID forecasts. The increase is from road fuels, reflecting lower mass transit, lower load factors and resultant traffic congestion.

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  • Oil demand: making millions?

    Oil demand: making millions?

    What does it take to move global oil demand by 1Mbpd? This 22-page note ranks fifteen themes, based on their costs and possible impacts. We still think oil demand plateaus around 105Mbpd mid-late in the 2020s, before declining to 85Mbpd by 2050. But the risks now lie to the upside?

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  • Oil demand: the rise of autonomous vehicles?

    Oil demand: the rise of autonomous vehicles?

    We are raising our medium-term oil demand forecasts by 2.5-3.0 Mbpd to reflect the growing reality of autonomous vehicles. AVs improve fuel economy in cars and trucks by 15-35%, and displace 1.2Mbpd of air travel. But their convenience also increases travel. This note outlines the opportunity.

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  • Japanโ€™s oil demand: decline and fall?

    Japanโ€™s oil demand: decline and fall?

    Japanโ€™s oil demand peaked at 5.8Mbpd in 1996, and has since declined at -2.0% per year to 3.4Mbpd in 2024. ย To some, this trajectory be a harbinger of events to come in broader global oil markets? However, this 7-page report finds unique features that do not generalize globally?

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  • Global oil demand: rumors of my death?

    Global oil demand: rumors of my death?

    โ€˜Rumors of my death have been greatly exaggeratedโ€™. Mark Twainโ€™s quote also applies to global oil consumption. This note aggregates demand data for 8 oil products and 120 countries over the COVID pandemic. We see 3.5Mbpd of pent-up demand โ€˜upsideโ€™, acting as a floor on medium-term oil prices.

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