The annual world energy outlook is the international energy agencys flagship publication, widely recognised as the most authoritative source for global energy projections and analysis citation needed. It promotes the free flow of gas and power in the region. Database documentation 2019 edition 7 international energy agency 3. In addition, the weo 2015 includes indepth analysis on several key issues including the implications of a lower oil price future, indias energy sector, on the competitive position of fastgrowing renewable energy technologies in different markets, new analysis of energy efficiency policies, and unconventional gas with a particular focus on. Opec is committed to safeguarding the privacy of its website users. The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. Asian development outlook 2015 forecasts that the 6. Adapted from iea forthcoming, world energy outlook 2018.
Shortterm energy outlook april 2020 4 electricity, coal, renewables, and emissions. Jan 15, 2016 this statistic depicts the projected base oil demand worldwide in 2015, 2020, and 2030. The steady outlook for the region sees growth picking up enough in india and most member economies of the association of southeast asian nations asean to compensate for. 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.
The world oil outlook combines the expertise of the opec secretariat, professionals in opec member countries and the organizations economic commission board, as well as input from various other sources. We have also seen healthy demand growth out of india and estimate 250,000300,000 bpd growth in. Energy information administration shortterm energy outlook april 2020 2 eia estimates global petroleum and liquid fuels consumption averaged 94. But they do tell us what prices need to do in order for their reference case predictions to be fulfilled, all on page 8. This years energy outlook provides fresh insight into these trends and many more. Eias free and open data available as api, excel addin, bulk files, and widgets. We see asia nonoecd demand growth increasing by 300,000 bpd in 2016 vs. International energy outlook 2017 activate capital. Published every year based on objective data and dispassionate analysis, the world energy outlook weo provides critical analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection and economic development the first weo was published in 1977 and it has been an annual publication since 1998. The oil cartel released its world oil outlook last week, showing opec crude production falling to 29.
Iea energy efficiency 2018 and world energy outlook 2018. Between 2015 and 2040, world energy consumption increases by 28% in the ieo2017 reference case, with more than half of the increase. The organization of the petroleum exporting countries opec has released the 2015 opec world oil outlook woo opecs woo is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry. Crude oil prices, in particular, have fallen significantly since the. On more than 700 pages this comprehensive yearbook contains profound textual analyses, statistics and graphs for the latest five calendar years as well as for five octsept. Pdf outlook for the development of oil and gas industry in. Demand 8 10 production consumption 6 2 4 0 0910 1112 14 1516 1718 1920f2. Demand for oil and other liquid fuels grows for the first part of the outlook before gradually plateauing.
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. The low oil price has also had negative consequences for oil exporting countries. Flow definitions supply flow short name definition production indprod comprises the production of primary energy, i. The report also regularly puts a spotlight on topical issues. The value of the outlook is not in trying to predict the future. Top producers of fuel are oversupplying and oil demand of world aviation increased from 1. At the same time, we provided an analysis made for prese nting a direction. It was particularly affected by a slowdown in emerging markets. World oil demand outlook world oil demand is foreseen to reach 98. Any such attempt is doomed to fail the uncertainty surrounding the energy transition is here to stay. Eia expects global petroleum and liquid fuels demand will. Dec 23, 2015 opec is predicting that 94% of cars on the road will still be powered by oil based fuels in 2040, according to its latest annual world oil outlook report.
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. Your information provider independent, unbiased, authoritative since 1958 mar 27, 2020. Dec 28, 2015 18 world oil outlook 2015 organization of the petroleum exporting countries executive summary surplus mediumterm refining capacity has eased, but continues to point to a period of competition for product markets the incremental distillation capacity resulting from existing projects, at 7. Opecs world oil outlook and pivot to asia seeking alpha. Arabicweo2015es, chineseweo2015es, englishweo2015es. The projected base oil demand worldwide in 2030 is estimated to be around 931 thousand barrels per day, an.
World energy outlook 2015 executive summary english version. Imf world economic outlook weo update, january 2015. The world energy outlook series is a leading source of strategic insight on the future of energy and energyrelated emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. World oil outlook 2015 organization of the petroleum exporting countries. World vegetable oil production will remain concentrated among a few countries in the coming decade. Pdf outlook for the development of oil and gas industry. The organization of the petroleum exporting countries opec has released the 2015 opec world oil outlook woo opecs woo is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry it is also a channel to encourage dialogue, cooperation and transparency between opec and other stakeholders within the. This years edition updates the outlooks for all fuels, technologies and regions, based on the latest market. Imf world economic outlook weo, april 2015 table of contents. The projected base oil demand worldwide in 2030 is estimated to. View the crude oil price charts for live oil prices and read the latest forecast, news and technical analysis for brent and wti. Changes in expectations of economic growth in can affect oil prices. Changes from last edition in the current release, the files for oecd countries are updated with complete information for 2018.
Nov 12, 2014 the oil cartel released its world oil outlook last week, showing opec crude production falling to 29. Four largescale shifts in the global energy system set the scene for the world energy outlook 2017. Relative to last year, the outlook for advanced economies is improving, while growth in emerging market and. The world file, aosworld, was published in july 2019 and includes data up to 2017, with provisional supply data for. Global growth remains moderate, with uneven prospects across the main countries and regions. By accessing this site, you accept that we process certain information you send e. These issues and many more are discussed here, with a special focus on india accompanying the customary, indepth weo analysis of the prospects for all fossil fuels, renewables, the power sector and energy efficiency around the world to 2040. Ieas world energy outlook 2015 center for strategic and. The oil world annual is a unique encyclopedia of world forecasts and statistics for all major oilseeds, oils and fats as well as oilmeals. Vegetable oil includes the oil from crushing oilseeds around 53%, palm 36%, palm kernel, coconut and cottonseed. On more than 700 pages this comprehensive yearbook contains profound textual analyses, statistics and graphs for the latest five calendar years as well as for five octsept seasons. It represents the leading source citation needed for medium to longterm energy market projections, extensive statistics, analysis and advice for both governments and the energy business.
Nov 10, 2015 these issues and many more are discussed here, with a special focus on india accompanying the customary, indepth weo analysis of the prospects for all fossil fuels, renewables, the power sector and energy efficiency around the world to 2040. Rather the value of the energy outlook is in providing a structure and discipline. World energy outlook 2005 to 2011 in evennumbered years, weo presents detailed projections of energy demand, production, trade and investment, fuel by fuel and region by region. Outlook for the development of oil and gas industry in vietnam view the table of contents for this issue, or go to the journal homepage for more 2016 iop conf. This statistic depicts the projected base oil demand worldwide in 2015, 2020, and 2030. Starting in january of each year, each line shows the expected forecast of gdp growth for the specified calendar year, which tends. Explore our 2020 oil and gas industry outlook to help your energy business get ahead of upcoming challenges. In 2020, eia forecasts global oil consumptionweighted gross. By 2024 more than 87% of the world oilseed production will be crushed. Well the 2015 world oil outlook does not present any price charts or tables.
Opec is predicting that 94% of cars on the road will still be powered by oilbased fuels in 2040, according to its latest annual world oil outlook report. Jan 21, 2015 epoch perspectives 2015 oil outlook year average absolute change yy percent change yy 2011 5,643 2012 6,496 853 15% 20 7,440 944 15% 2014 8,576 1,6 15% 2015 9,490 9 11% 2016 9,844 354 4% 2017 10,2 288 3% 2018 10,318 186 2% u. Base oil demand forecast worldwide 20152030 statista. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal and renewables. 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. The 2019 opec world oil outlook woo was launched today at the wiener. Oil demand distribution by sector oecd 2017 statista. This privacy policy applies to personal information processed by opec. Opecs world oil outlook woo is part of the organizations commitment to market stability. Download report eng pdf download report thai pdf sections in this edition.
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