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EIA forecasts global oil demand growth for 2021

THE US Energy Information Administration (EIA) expects global oil demand to grow by 5.6 million barrels per day in 2021, after the 9MMbopd demand slump that occurred in 2020.

Mark Tilly
EIA forecasts global oil demand growth for 2021

However its latest short term outlook report revises its growth forecast down by around 200,000bopd compared last month's outlook, noting it remains subject to "heightened levels of uncertainty" as the...

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