The EIA STEO was published recently the estimate below is based on data from that report and statistics from the EIA International Energy Statistics. The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025.
The EIA’s Short Term Energy Outlook (STEO) was published in early February. The chart below estimates World C+C by using the STEO forecast combined with past data from the EIA on World Output.
STEO
The EIA’s Short Term Energy Outlook (STEO) was published in early January. The chart below estimates World C+C by using the STEO forecast combined with past data from the EIA on World Output.
STEO
The EIA’s Short Term Energy Outlook (STEO) was published in early December. The chart below estimates World C+C by using the STEO forecast combined with past data from the EIA on World Output.
The EIA’s Short Term Energy Outlook (STEO) was published in early August. The chart below estimates World C+C by using the STEO forecast combined with past data from the EIA on World Output.
The EIA’s Short Term Energy Outlook (STEO) was revised higher in August compared to July. World C+C output is expected to decrease in the second and third quarters of 2023 and then increase over the next 5 quarters. Annual average World C+C output increases by about 1000 kb/d in 2023 to 81743 kb/d and then to 82967 kb/d in 2024, less than 50 kb/d below the centered 12 month average peak in 2018. This month’s World C+C estimates are about 300 kb/d higher than last month for 2023 and 400 kb/d higher for 2024 due to the revisions in the STEO forecast this month.
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