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Statistics

Nov 2019 – OECD forecasts

The Organisation for Economic Cooperation and Development (OECD) project in the second volume of their 2019 reports:

  • economic growth by region
Region2020/2021 (%)2019 (%)
Globe3.0 2.9
US2.0
Japan0.7
Euro area1.2
China5.5

Source: OECD November 2019 part 2 economic outlook, accessed 2020-01-17

Categories
Statistics

Jan 2020 – Oil outlook

Opec’s january 15th monthly report makes the following projections:

  • Economic forecasts
Country2020 growth %1999 growth %
US1.92.3
Eurozone1.01.2
Japan0.71.1
China5.96.3
India6.45.5
Brazil2.01.0
Russia1.51.1
World3.13.0

Source: Jan 15th oil report published by Opec, accessed 2020-01-17

  • Oil demand and supply
World2020 mb/d2019 mb/d
demand100.9899.77
supply*101.3798.99

Note: * supply projected based on unchanged opec supply from 2019 of 29.8 million barrels/day. Other figures taken from Monthly report Opec.

Report can be downloaded from Opec’s website.