Daily Energy Report

Daily Energy Report

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Daily Energy Report
Daily Energy Report
Daily Energy Report

Daily Energy Report

Oil forecasting is tricky, US crude inventory, Russia gas to Europe, US energy wish list, COP29 meltdown, Shell’s Dutch oil win, Methane monitoring, China’s offshore solar, and more.

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A F Alhajji
Nov 14, 2024
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Daily Energy Report
Daily Energy Report
Daily Energy Report
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Chart of the Day: The Circus of Forecasting Growth in Global Oil Demand

Summary

Figure (1) shows the most recent estimates of global oil demand in 2025 by OPEC, the IEA and EIA. The differences among them are unprecedented! For the fourth quarter of 2025, OPEC’s estimate of global oil demand is higher than that of the EIA by 2.20 mb/d and that of the IEA by 2.62 mb/d! Which forecast is more accurate than the others? The answer is listed below.

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EOA’s Main Takeaways

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