EIA forecasts fuel consumption increaseEIA forecasts fuel consumption increase
Growth expected in liquid fuels consumption of 1 million bpd this year, 1.2 million bpd in 2025, with most of that growth in Asia
Kristen Nelson Petroleum News
In its November Short-Term Energy Forecast, released Nov. 13, the U.S. Energy Information Administration said it expects growth in global oil consumption to be led by India, which accounts for 25% of growth in global consumption in 2024 and 2025.
The global increase in liquid fuels consumption is e....
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