WoodMac: Global Oil Demand to Rise by 2 Million Bpd in 2024 ...Middle East

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WoodMac: Global Oil Demand to Rise by 2 Million Bpd in 2024
source : OILPRICE ( Middle East ) () 32
Oil demand will continue to set records this year, with global demand growth expected at nearly 2 million barrels per day (bpd) compared to 2023, Wood Mackenzie said in a report on Thursday. China will account for around 25% of the worldwide growth in oil demand, according to the energy consultancy.   Total global oil demand will average 103.5 million bpd for 2024, WoodMac said. “Much of the growth [in oil demand] will be coming in the second half of the year,” Alan Gelder, Senior Vice President of Research at Wood Mackenzie, said…

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