This is from the U.S. Energy Information Administration’s monthly Short Term Energy Outlook released a little over an hour ago:
“EIA forecasts that global liquid fuels consumption will increase by 0.9 million barrels per day (b/d) in 2019, which is 0.1 million b/d lower than forecast in the August STEO. It also marks the seventh consecutive month in which EIA has lowered its 2019 consumption outlook, after EIA had forecast growth of 1.5 million b/d for the year in the January 2019 STEO. The downward revisions reflect successive reductions in EIA’s assumption (based on forecasts from Oxford Economics) of global gross domestic product growth for 2019.”
Here is the link…https://www.eia.gov/outlooks/steo/pdf/steo_full.pdf
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