IEA forecasts world oil demand to hit record 101.9 million b/d in 2023; non-OECD to account for 90% of growth
Green Car Congress
APRIL 15, 2023
In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 OECD demand, dragged down by weak industrial activity and warm weather, contracted by 390 kb/d y-o-y in 1Q23, its second consecutive quarter of decline. mb/d versus 4.6
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