While growth could be stronger if reduced trade tensions mitigate uncertainty, the. The sustained low prices of 2015 had not resulted in the collapse of the industry that many expected. Dec 26, 2015 the opec 2015 world oil outlook came out a few days ago. Energy information administration shortterm energy outlook april 2020 2 eia estimates global petroleum and liquid fuels consumption averaged 94. A rapid adoption of electric vehicles could cause world oil demand to reach a plateau in the second half of the 2030s, opec said in a report, a potential setback for the oil exporter groups. Imf world economic outlook weo, april 2015 table of contents. Short term outlook product overview global, integrated view, covering oil, oil products, petrochemicals, natural gas and ngls robust, analytical methodology fully interactive data visualization and data downloads quarterly forecast release with daily and weekly market commentary.
A division of world crude oil outlook 20102020 a new approach to upstream and downstream drivers of crude oil markets november 2009. Oswaldo tapia head, energy studies department, opec on the occasion of the 6th ieaiefopec symposium on energy outlooks. Eia, international energy outlook 2016 and eia, analysis of the impacts of the clean power plan may 2015. Nov 07, 2017 a rapid adoption of electric vehicles could cause world oil demand to reach a plateau in the second half of the 2030s, opec said in a report, a potential setback for the oil exporter groups. The csis energy and national security program is pleased to host dr.
Relative to last year, the outlook for advanced economies is improving, while growth in emerging market and. Pdf outlook for the development of oil and gas industry. The low oil price has also had negative consequences for oil exporting countries. Shortterm energy outlook energy information administration. At the same time, we provided an analysis made for prese nting a direction. Opec says electric vehicles could lead oil demand to. Jan 21, 2015 1 epoch perspecties 2015 oil outloo epoch investment partners, inc.
They basically produce two outlooks, a medium term outlook to 2020 and a long term outlook to 2040. Initially, it presents an overview on the methodological approach. Global growth remains moderate, with uneven prospects across the main countries and regions. The presentation will include updated projections for the evolution of the global energy system to 2040, based on the latest data and market developments, as well. 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. Countries heavily relying on oil exports, such as russia, iran, nigeria, venezuela, as well as, aspiring oil. Fatih birol, executive director at the international energy agency to present the ieas world energy outlook 2015. Asiaworld energy outlook 2015 5 the oil supplydemand balance is loose due to growing unconventional oil production in the united states, opecs strategy of giving priority to market shares and emerging economies slow down. Wed like to share with you some big picture thoughts on 2016 events and our outlook for 2017 and beyond. Without a technology breakthrough, battery electric vehicles are not expected to gain significant market share in the foreseeable future, the organization said in its annual world oil outlook. Pdf outlook for the development of oil and gas industry in. Eia expects global petroleum and liquid fuels demand will.
Feb 14, 2020 projected oil demand in asiapacific is the highest in the world, at 36. Overall global oil consumption is expected to increase in. Total world oil demand averaged 93 mbd in 2015 with, demand in the nonoecd area already ingexceed the levels of oecd during the year. Oil demand global outlook by region 20172040 statista. World shale gas map map of 95 major basins in 42 countries renewable. John england what happened, what didnt, and hope for the future as we enter the final weeks of 2015, i am struck by what a unique year this was in the alwaysfascinating and dynamic world of oil and gas. Opecs world oil outlook woo is part of the organizations commitment to market stability. Outlook europe power global heavy crude oil outlook north american natural gas catalyst market outlook global biofuels outlook global energy scenarios latin america petrochemical global natural gas outlook global syngas conversion global automotive longterm price forecasting middle east financial global ngl outlook shortterm price forecasting. Ieas world energy outlook 2015 center for strategic and. Opecs world oil outlook to be launched 23 december 2015. With much of australias lng priced against japan crude cocktail the import price of crude oil into japan, a recovery in the oil price represents an upside for the value of australian lng exports. Nov 11, 2015 world energy outlook 2015 weo from the international energy agency iea has taken observers by surprise. 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. This study analyses the main drivers under oil price trends in the last years in order to explore future scenarios for oil prices.
John england 3 we entered 2016 in a state of uncertainty. Crude oil production statistics crude oil enerdata. 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. Eia, annual energy outlook 2015 8 tight oil alaska lower 48 offshore history 20 20 u. 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.
World oil demand outlook from 2017 to 2040, by key region in million barrels per day. Its the first outlook published with faith birol at his new post as the executive director of the iea, as birol was, until recently, chief economist and director of global energy economics. The fuse iea changes tune in world energy outlook 2015. Combined gdp of g7 vs e7 countries in 2015 and 2050. Projected oil demand in asiapacific is the highest in the world, at 36. Dec 18, 2015 the 2015 opec world oil outlook woo will be launched on wednesday, 23 december 2015 at 11. Outlook for the development of oil and gas industry in vietnam article pdf available in iop conference series earth and environmental science 431. The opec 2015 world oil outlook came out a few days ago. Dec 23, 2015 without a technology breakthrough, battery electric vehicles are not expected to gain significant market share in the foreseeable future, the organization said in its annual world oil outlook. Nas oil market outlook and drivers, may 4, 2016 resource and technology assumptions have major implications for projected u.
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