Turkey uk projected oil production and demand 2024-2035

Oil Market Report October 2024 Analysis IEA

  • Turkey uk projected oil production and demand 2024-2035
  • Turkey uk projected oil production and demand 2024-2035
  • Turkey uk projected oil production and demand 2024-2035
  • Turkey uk projected oil production and demand 2024-2035

Executive summary Oil 2024 Analysis IEA

Oil Market Report September 2024 Analysis IEA

Oil 2024 Analysis IEA International Energy Agency

Global downstream outlook to 2035 McKinsey

  • Will world oil supply exceed forecast demand in 2025?
  • Rising world oil supplies, led by non‑OPEC+ producers, are expected to surpass forecast demand from 2025 onwards. Mirroring demand’s break with long-term trends, a front-loaded build in oil production capacity is forecast to lose momentum and swing into contraction towards the end of our medium-term outlook.
  • How did energy imports affect Turkey in 2022?
  • In 2022, the negative impact of energy imports was at its highest in recent times. That year, Turkey’s energy bill was $97.1 billion, bringing the country’s energy trade deficit to a record high of $81.1 billion, up from $42.4 billion in 2021.
  • Will oil demand rise in 2023?
  • Total oil demand is nevertheless forecast to rise by 3.2 mb/d between 2023 and 2030, supported by increased use of jet fuel and feedstocks from the booming petrochemical sector.
  • When will global oil demand level off?
  • Based on today’s market conditions and policies, global oil demand will level off at around 106 mb/d towards the end of the decade amid the accelerating transition to clean energy technologies.

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