By 2024, global oil demand is forecast to reach 104.8 million barrels per day. This is in spite of oil demand likely to fall by 0.5 million barrels in OECD countries. China alone is expected to account for 14.5 million barrels of oil consumption per day.
Medium-term oil demand outlook worldwide from 2018 to 2024, by key region (in million barrels per day)
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OPEC. (October 12, 2019). Medium-term oil demand outlook worldwide from 2018 to 2024, by key region (in million barrels per day) [Graph]. In Statista. Retrieved March 02, 2021, from https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. "Medium-term oil demand outlook worldwide from 2018 to 2024, by key region (in million barrels per day)." Chart. October 12, 2019. Statista. Accessed March 02, 2021. https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. (2019). Medium-term oil demand outlook worldwide from 2018 to 2024, by key region (in million barrels per day). Statista. Statista Inc.. Accessed: March 02, 2021. https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. "Medium-term Oil Demand Outlook Worldwide from 2018 to 2024, by Key Region (in Million Barrels per Day)." Statista, Statista Inc., 12 Oct 2019, https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC, Medium-term oil demand outlook worldwide from 2018 to 2024, by key region (in million barrels per day) Statista, https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/ (last visited March 02, 2021)