By 2026, global oil demand is forecast to reach 104.4 million barrels per day. This is in spite of oil demand likely to fall by 1.8 million barrels in OECD countries. China alone is expected to account for 15.6 million barrels of oil demand per day by 2026.
Medium-term oil demand worldwide in 2019 and 2020, with a forecast until 2026, by key region
(in million barrels per day)
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OPEC. (October 12, 2021). Medium-term oil demand worldwide in 2019 and 2020, with a forecast until 2026, by key region (in million barrels per day) [Graph]. In Statista. Retrieved October 07, 2022, from https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. "Medium-term oil demand worldwide in 2019 and 2020, with a forecast until 2026, by key region (in million barrels per day)." Chart. October 12, 2021. Statista. Accessed October 07, 2022. https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. (2021). Medium-term oil demand worldwide in 2019 and 2020, with a forecast until 2026, by key region (in million barrels per day). Statista. Statista Inc.. Accessed: October 07, 2022. https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. "Medium-term Oil Demand Worldwide in 2019 and 2020, with a Forecast until 2026, by Key Region (in Million Barrels per Day)." Statista, Statista Inc., 12 Oct 2021, https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC, Medium-term oil demand worldwide in 2019 and 2020, with a forecast until 2026, by key region (in million barrels per day) Statista, https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/ (last visited October 07, 2022)
