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Global Liquid Fuel Production to Outpace Demand

March 10, 2023 by

n the STEO, which was released this week, the EIA projects that total world production will hit 101.47 million barrels per day this year and 103.02 million barrels per day next year. The STEO expects total world consumption to come in at 100.90 million barrels per day in 2023 and 102.69 million barrels per day in 2024.

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