Base oil demand forecast worldwide 20152030 statista. Dec 28, 2015 18 world oil outlook 2015 organization of the petroleum exporting countries executive summary surplus mediumterm refining capacity has eased, but continues to point to a period of competition for product markets the incremental distillation capacity resulting from existing projects, at 7. Global growth remains moderate, with uneven prospects across the main countries and regions. Published every year based on objective data and dispassionate analysis, the world energy outlook weo provides critical analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection and economic development the first weo was published in 1977 and it has been an annual publication since 1998. The report also regularly puts a spotlight on topical issues. This years energy outlook provides fresh insight into these trends and many more. In 2020, eia forecasts global oil consumptionweighted gross. Eia expects global petroleum and liquid fuels demand will. At the same time, we provided an analysis made for prese nting a direction. The world file, aosworld, was published in july 2019 and includes data up to 2017, with provisional supply data for. Imf world economic outlook weo, april 2015 table of contents. The 2019 opec world oil outlook woo was launched today at the wiener. But they do tell us what prices need to do in order for their reference case predictions to be fulfilled, all on page 8.
Any such attempt is doomed to fail the uncertainty surrounding the energy transition is here to stay. Flow definitions supply flow short name definition production indprod comprises the production of primary energy, i. Imf world economic outlook weo update, january 2015. Demand 8 10 production consumption 6 2 4 0 0910 1112 14 1516 1718 1920f2. World energy outlook 2015 executive summary english version. It promotes the free flow of gas and power in the region. This privacy policy applies to personal information processed by opec. View the crude oil price charts for live oil prices and read the latest forecast, news and technical analysis for brent and wti. We see asia nonoecd demand growth increasing by 300,000 bpd in 2016 vs. Nov 10, 2015 these issues and many more are discussed here, with a special focus on india accompanying the customary, indepth weo analysis of the prospects for all fossil fuels, renewables, the power sector and energy efficiency around the world to 2040. The annual world energy outlook is the international energy agencys flagship publication, widely recognised as the most authoritative source for global energy projections and analysis citation needed. It represents the leading source citation needed for medium to longterm energy market projections, extensive statistics, analysis and advice for both governments and the energy business. In the asiaworld energy outlook 2015, or the 10th edition of the series, we attempted to depict the worlds longterm energy supply and demand picture based on the latest information and precise analyses as usual. On more than 700 pages this comprehensive yearbook contains profound textual analyses, statistics and graphs for the latest five calendar years as well as for five octsept.
The projected base oil demand worldwide in 2030 is estimated to. Jan 21, 2015 epoch perspectives 2015 oil outlook year average absolute change yy percent change yy 2011 5,643 2012 6,496 853 15% 20 7,440 944 15% 2014 8,576 1,6 15% 2015 9,490 9 11% 2016 9,844 354 4% 2017 10,2 288 3% 2018 10,318 186 2% u. Database documentation 2019 edition 7 international energy agency 3. These issues and many more are discussed here, with a special focus on india accompanying the customary, indepth weo analysis of the prospects for all fossil fuels, renewables, the power sector and energy efficiency around the world to 2040. On more than 700 pages this comprehensive yearbook contains profound textual analyses, statistics and graphs for the latest five calendar years as well as for five octsept seasons. Jan 15, 2016 this statistic depicts the projected base oil demand worldwide in 2015, 2020, and 2030. The world energy outlook series is a leading source of strategic insight on the future of energy and energyrelated emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices this years edition updates the outlooks for all fuels, technologies and regions, based on the latest market data, policy initiatives and cost trends. In addition, the weo 2015 includes indepth analysis on several key issues including the implications of a lower oil price future, indias energy sector, on the competitive position of fastgrowing renewable energy technologies in different markets, new analysis of energy efficiency policies, and unconventional gas with a particular focus on. The organization of the petroleum exporting countries opec has released the 2015 opec world oil outlook woo opecs woo is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry it is also a channel to encourage dialogue, cooperation and transparency between opec and other stakeholders within the. International energy outlook 2017 activate capital.
World energy outlook 2005 to 2011 in evennumbered years, weo presents detailed projections of energy demand, production, trade and investment, fuel by fuel and region by region. This statistic depicts the projected base oil demand worldwide in 2015, 2020, and 2030. Four largescale shifts in the global energy system set the scene for the world energy outlook 2017. Shortterm energy outlook april 2020 4 electricity, coal, renewables, and emissions. Opecs world oil outlook woo is part of the organizations commitment to market stability. We have also seen healthy demand growth out of india and estimate 250,000300,000 bpd growth in. Changes in expectations of economic growth in can affect oil prices. World oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and. World oil demand outlook world oil demand is foreseen to reach 98. It was particularly affected by a slowdown in emerging markets. Explore our 2020 oil and gas industry outlook to help your energy business get ahead of upcoming challenges. Pdf outlook for the development of oil and gas industry. The revisions reflect a reassessment of prospects in china, russia, the euro area, and japan as well as weaker activity in some major oil exporters because of the sharp drop in oil prices. Opec is committed to safeguarding the privacy of its website users.
Changes from last edition in the current release, the files for oecd countries are updated with complete information for 2018. The world energy outlook series is a leading source of strategic insight on the future of energy and energyrelated emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. The steady outlook for the region sees growth picking up enough in india and most member economies of the association of southeast asian nations asean to compensate for. The world oil outlook combines the expertise of the opec secretariat, professionals in opec member countries and the organizations economic commission board, as well as input from various other sources. Outlook for the development of oil and gas industry in vietnam view the table of contents for this issue, or go to the journal homepage for more 2016 iop conf.
Vegetable oil includes the oil from crushing oilseeds around 53%, palm 36%, palm kernel, coconut and cottonseed. Relative to last year, the outlook for advanced economies is improving, while growth in emerging market and. World vegetable oil production will remain concentrated among a few countries in the coming decade. Crude oil prices, in particular, have fallen significantly since the. Demand for oil and other liquid fuels grows for the first part of the outlook before gradually plateauing. Between 2015 and 2040, world energy consumption increases by 28% in the ieo2017 reference case, with more than half of the increase. The projected base oil demand worldwide in 2030 is estimated to be around 931 thousand barrels per day, an. The oil world annual is a unique encyclopedia of world forecasts and statistics for all major oilseeds, oils and fats as well as oilmeals. Iea energy efficiency 2018 and world energy outlook 2018.
The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry. The oil cartel released its world oil outlook last week, showing opec crude production falling to 29. Rather the value of the energy outlook is in providing a structure and discipline. World oil outlook 2015 organization of the petroleum exporting countries. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal and renewables. The value of the outlook is not in trying to predict the future. Top producers of fuel are oversupplying and oil demand of world aviation increased from 1. Nov 12, 2014 the oil cartel released its world oil outlook last week, showing opec crude production falling to 29.
Eias free and open data available as api, excel addin, bulk files, and widgets. Oil demand distribution by sector oecd 2017 statista. By accessing this site, you accept that we process certain information you send e. Arabicweo2015es, chineseweo2015es, englishweo2015es. By 2024 more than 87% of the world oilseed production will be crushed. The low oil price has also had negative consequences for oil exporting countries. Ieas world energy outlook 2015 center for strategic and. Opecs world oil outlook and pivot to asia seeking alpha. Adapted from iea forthcoming, world energy outlook 2018. Starting in january of each year, each line shows the expected forecast of gdp growth for the specified calendar year, which tends. Promote sustainable energy policies that spur economic growth and environmental protection in a global context particularly in terms of reducing greenhouse. Well the 2015 world oil outlook does not present any price charts or tables.
The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. Asian development outlook 2015 forecasts that the 6. Pdf outlook for the development of oil and gas industry in. Your information provider independent, unbiased, authoritative since 1958 mar 27, 2020.