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Strong Oil Growth This Year And Next

3 minute read
Last Update Dec 18, 2023
1st Released Nov 8, 2023
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Oil Industry

2023 and the oil industry is still growing healthily.

In some countries, the oil industry is seen as "had its day" or a like the dinosaurs, a "thing of the past". In other countries people find it hard to imagine a world without oil.

Global oil growth in 2023 is nearly 2.5 million barrels a day compared to 2022. 2024 is predicted to grow by over a further 2 million barrels a day, possibly more.

About The Author

Mike Oday  
Chewells Contributor

Mike has been heavily involved in the marine environment all his life. From learning to sail as... »

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