Post Tagged with: "2023"

Source: BOE Report

Global oil demand set to rise 2% to new high in 2023, says IEA

BOE Report


World oil demand will rise more than 2% to a record high of 101.6 million barrels per day (bpd) in 2023, the International Energy Agency said on Wednesday, although sky-high oil prices and weakening economic forecasts dimmed the …

EIA expects Russian oil output to take hit in 2023 from EU sanctions

EIA expects Russian oil output to take hit in 2023 from EU sanctions

World Oil


(Bloomberg) — The European Union’s ban on seaborne imports of Russian petroleum in response to Russia’s invasion of Ukraine will lead to an 18% drop in the country’s fuel output by the end of next year, the Energy …