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EIA lowers its forecast for this year's global oil demand growth

 Last Update: 2021-09-20
 Source: Internet
 Author: User

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Foreign news on September 8th, EIA said in its monthly short-term energy outlook report on Wednesday that it lowered the estimated increase in global oil demand this year by 370,000 barrels per day to 4.
96 million barrels per day, and its estimated increase in demand last month was 5.
33 million.
Barrels/day
.

However, the report raised the global oil demand growth estimate in 2022 by 10,000 barrels per day to 3.
63 million barrels per day
.

The report predicts that the price of WTI crude oil in 2021 will be US$65.
69/barrel, which was previously expected to be US$65.
93/barrel; the price of Brent crude oil will be US$68.
61/barrel, which was previously expected to be US$68.
71/barrel
.

The report maintains its estimate of WTI crude oil prices in 2022 at $62.
37 per barrel
.

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