IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion
Green Car Congress
JUNE 18, 2022
Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. mb/d this year, eroding its spare capacity cushion. Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6
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