Americas > Oil supply, demand rising to hit ‘unprecedented’ level in 2024 -IEA

Oil supply, demand rising to hit ‘unprecedented’ level in 2024 -IEA

Published 08:49 on November 15, 2023  /  Last updated at 09:12 on November 15, 2023  / Helen Clark /  Americas, Asia Pacific, EMEA, International

Oil production rose 320,000 barrels per day in October, propelling global supply to a record 101.8 million barrels of oil per day (bopd) and supply will reach historic levels this year and grow further next year, according to the International Energy Agency (IEA).
Oil production rose 320,000 barrels per day in October, propelling global supply to a record 101.8 million barrels of oil per day (bopd) and supply will reach historic levels this year and grow further next year, according to the International Energy Agency (IEA).


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