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Posted October 14, 2020 Today in Energy

EIA’s International Energy Outlook analyzes electricity markets in India, Africa, and Asia ›

Countries that are not members of the Organization for Economic Cooperation and Development (OECD) in Asia, including China and India, and in Africa are home to more than two-thirds of the world population. These regions accounted for 44% of primary energy consumed by the electric sector in 2019, and the U.S. Energy Information Administration (EIA) projected they will reach 56% by 2050 in the Reference case in the International Energy Outlook 2019 (IEO2019). Changes in these economies significantly affect global energy markets. More ›

global energy consumption for power generation, IEO2020 Reference Case

Source: EIA, International Energy Outlook 2020 (IEO2020)

Data Highlights

WTI crude oil futures price

10/13/2020: $40.20/barrel

down$0.47 from week earlier
down$13.39 from year earlier

Natural gas futures price

10/13/2020: $2.855/MMBtu

up$0.335 from week earlier
up$0.575 from year earlier

Retail gasoline price

10/12/2020: $2.167/gal

down$0.005 from week earlier
down$0.462 from year earlier

Retail diesel price

10/12/2020: $2.395/gal

up$0.008 from week earlier
down$0.656 from year earlier

Weekly coal production

10/3/2020: 10.344 million tons

up0.097 million tons from week earlier
down3.072 million tons from year earlier

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