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EIA expects global consumption of liquid fuels to surpass 2019 levels in 2022

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million b/d from 2019. million b/d—surpassing 2019 levels. million b/d (12%) from 2019 consumption. million b/d (12%) from 2019 consumption. million b/d in 2022, which would surpass the 2019 level. million barrels per day (b/d) for all of 2020, down by 8.6 million b/d in 2021. million b/d in 2022 to 101.4

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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Little change in transportation and industry. Consequently, the US economy grew 1.9% GDP increase in 2021.

Emissions 273
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Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

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This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. shale production, new oil discoveries, and new project start-ups also differ a lot. shale output.

Oil 150
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Roskill: Molybdenum demand to drop by more than 8% in 2020

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decline in 2019. Mine supply continued to edge higher in 2019, albeit by a relatively slow 0.7%—an Other uses for molybdenum include catalysts for the petroleum industry, inks for circuit boards, pigments and electrodes. Consequently, molybdenum prices came under downward pressure. In 2019, 72.4%

2020 186
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2020 Thanksgiving week gasoline consumption in US lowest since 1997

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Year-on-year comparisons are even more significant at the regional level, with some regions seeing declines of 20% or more from Thanksgiving Week 2019. The Rockies saw the smallest slide (5.6%) but that is substantial enough to impact supply and demand balances as winter approaches. Northeastern gasoline sales dropped 10.1%

Gasoline 321
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally.

2020 191
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Eni report: global oil reserves and oil production up in 2018 due to US

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Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry.