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 ›
Source: EIA, International Energy Outlook 2020 (IEO2020)
10/13/2020: $40.20/barrel
down$0.47 from week earlier
down$13.39 from year earlier
10/13/2020: $2.855/MMBtu
up$0.335 from week earlier
up$0.575 from year earlier
10/12/2020: $2.167/gal
down$0.005 from week earlier
down$0.462 from year earlier
10/12/2020: $2.395/gal
up$0.008 from week earlier
down$0.656 from year earlier
10/3/2020: 10.344 million tons
up0.097 million tons from week earlier
down3.072 million tons from year earlier