Opecs world oil outlook to be launched 23 december 2015. Feb 14, 2020 projected oil demand in asiapacific is the highest in the world, at 36. Nov 11, 2015 world energy outlook 2015 weo from the international energy agency iea has taken observers by surprise. Global growth remains moderate, with uneven prospects across the main countries and regions. With much of australias lng priced against japan crude cocktail the import price of crude oil into japan, a recovery in the oil price represents an upside for the value of australian lng exports. Oswaldo tapia head, energy studies department, opec on the occasion of the 6th ieaiefopec symposium on energy outlooks. Jan 21, 2015 1 epoch perspecties 2015 oil outloo epoch investment partners, inc.
Projected oil demand in asiapacific is the highest in the world, at 36. Dec 26, 2015 the opec 2015 world oil outlook came out a few days ago. Outlook europe power global heavy crude oil outlook north american natural gas catalyst market outlook global biofuels outlook global energy scenarios latin america petrochemical global natural gas outlook global syngas conversion global automotive longterm price forecasting middle east financial global ngl outlook shortterm price forecasting. Total world oil demand averaged 93 mbd in 2015 with, demand in the nonoecd area already ingexceed the levels of oecd during the year. Combined gdp of g7 vs e7 countries in 2015 and 2050. Pdf outlook for the development of oil and gas industry. Short term outlook product overview global, integrated view, covering oil, oil products, petrochemicals, natural gas and ngls robust, analytical methodology fully interactive data visualization and data downloads quarterly forecast release with daily and weekly market commentary.
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. A division of world crude oil outlook 20102020 a new approach to upstream and downstream drivers of crude oil markets november 2009. Dec 23, 2015 without a technology breakthrough, battery electric vehicles are not expected to gain significant market share in the foreseeable future, the organization said in its annual world oil outlook. John england 3 we entered 2016 in a state of uncertainty. Eia, annual energy outlook 2015 8 tight oil alaska lower 48 offshore history 20 20 u. Initially, it presents an overview on the methodological approach. Fatih birol, executive director at the international energy agency to present the ieas world energy outlook 2015. Outlook for the development of oil and gas industry in vietnam article pdf available in iop conference series earth and environmental science 431. The csis energy and national security program is pleased to host dr. Opec says electric vehicles could lead oil demand to plateau.
Without a technology breakthrough, battery electric vehicles are not expected to gain significant market share in the foreseeable future, the organization said in its annual world oil outlook. They basically produce two outlooks, a medium term outlook to 2020 and a long term outlook to 2040. Ieas world energy outlook 2015 center for strategic and. 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. Oil demand global outlook by region 20172040 statista. Overall global oil consumption is expected to increase in. This study analyses the main drivers under oil price trends in the last years in order to explore future scenarios for oil prices. Opecs world oil outlook woo is part of the organizations commitment to market stability. At the same time, we provided an analysis made for prese nting a direction. Pdf outlook for the development of oil and gas industry in. The presentation will include updated projections for the evolution of the global energy system to 2040, based on the latest data and market developments, as well. Shortterm energy outlook energy information administration. I found their medium term outlook pessimistic in some cases to optimistic in others.
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. Relative to last year, the outlook for advanced economies is improving, while growth in emerging market and. Ring of fire map shows that volcanic activity occurs around the pacific rim. World oil demand outlook from 2017 to 2040, by key region in million barrels per day. Nov 07, 2017 a rapid adoption of electric vehicles could cause world oil demand to reach a plateau in the second half of the 2030s, opec said in a report, a potential setback for the oil exporter groups. Its the first outlook published with faith birol at his new post as the executive director of the iea, as birol was, until recently, chief economist and director of global energy economics. John england what happened, what didnt, and hope for the future as we enter the final weeks of 2015, i am struck by what a unique year this was in the alwaysfascinating and dynamic world of oil and gas. Dec 18, 2015 the 2015 opec world oil outlook woo will be launched on wednesday, 23 december 2015 at 11. A rapid adoption of electric vehicles could cause world oil demand to reach a plateau in the second half of the 2030s, opec said in a report, a potential setback for the oil exporter groups. Energy information administration shortterm energy outlook april 2020 2 eia estimates global petroleum and liquid fuels consumption averaged 94. The sustained low prices of 2015 had not resulted in the collapse of the industry that many expected. Wed like to share with you some big picture thoughts on 2016 events and our outlook for 2017 and beyond. Outlook for the development of oil and gas industry in vietnam. The fuse iea changes tune in world energy outlook 2015.
The low oil price has also had negative consequences for oil exporting countries. Imf world economic outlook weo update, january 2015. Opec says electric vehicles could lead oil demand to. World shale gas map map of 95 major basins in 42 countries renewable.
Eia, international energy outlook 2016 and eia, analysis of the impacts of the clean power plan may 2015. The opec 2015 world oil outlook came out a few days ago. Imf world economic outlook weo, april 2015 table of contents. Nas oil market outlook and drivers, may 4, 2016 resource and technology assumptions have major implications for projected u. 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. Crude oil production statistics crude oil enerdata. Eia expects global petroleum and liquid fuels demand will. While growth could be stronger if reduced trade tensions mitigate uncertainty, the.