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Posted May 15, 2025EIA forecasts world oil consumption growth to slow amid less economic activity ›
Note: Excludes 2020 and 2021 as outlier years because of the COVID-19 pandemic.
We forecast consumption growth of crude oil and other liquid fuels will slow over the next two years, driven by a slowdown in economic growth, particularly in Asia, in our May Short-Term Energy Outlook (STEO).
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- Wholesale Electricity Market Data
- May 15, 2025
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- May 09, 2025
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- May 08, 2025
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Coming Up
- Domestic Uranium Production Report
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Data Highlights
- 5/14/2025
- Wind and solar combined share of generation
- 22.0
- %
-
19.4%
from year earlier
- 5/14/2025
- Daily electric power demand
- 11374
- GWh
-
1.1%
from year earlier
- 5/12/2025
- Natural gas spot prices
- $3.19
- /million Btu
-
$0.071 /million Btu
from week earlier -
$1.077 /million Btu
from year earlier
- 5/9/2025
- Brent spot prices
- $64.26
- /barrel
-
$2.69 /barrel
from week earlier -
$19.13 /barrel
from year earlier
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