Teacher Photo/Shutterstock Global liquids demand is expected to rise by 1.2 million barrels per day this year, according to the average of five forecasts, a 20% gain on growth in 2024.Average growth in liquids production this year is now seen at 1.4 million b/d.There is no consensus for 2025 balances given the complexities of estimating Opec-plus' unwinding, multiple supply risks and economic uncertainties. Save for later Print Download Share Liquids demand will grow at a faster pace this year than in 2024, according to a consensus of five forecasts, and will roughly average 1.2 million b/d, nearly the average annual growth rate seen over the past two decades if excluding the Covid-19 years of 2020-21.
