The United States announced this year’s global oil consumption forecast

The United States announced this year’s global oil consumption forecast

In 2022, the consumption of oil and liquid hydrocarbons in the world will be 99.43 million barrels per day, which is 2.08 million barrels per day more than in 2021.

“Report” informs about this with reference to the report of the Energy Information Administration (EIA) of the US Ministry of Energy.

Thus, the institution reduced its forecast announced in July by 170,000 barrels per day.

The administration also revised its oil demand forecast for 2023. It was noted that consumption will increase by 2.06 million barrels to 101.49 million barrels/day.

A month ago, the indicator was predicted to increase by 2 million barrels per day to 101.58 million barrels in 2023.

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