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‹ Analysis & Projections

Short-Term Energy Outlook

Release Date: December 10, 2019  |  Next Release Date: January 14, 2020  |  Full Report    |   Text Only   |   All Tables   |   All Figures

Notable Forecast Changes

EIA revised historical global (outside of the United States) liquid fuels consumption data back to 2000. These revisions were most significant for countries in Africa and the Middle East. Based on these changes, EIA estimates that global liquid fuels consumption in 2017, the most recent year for which EIA has a complete set of consumption data, averaged 98.6 million barrels per day (b/d), 250,000 b/d lower than previously estimated. The lower 2017 consumption levels result in lower estimated and forecast consumption from 2018 through 2020.


Table: Changes in Forecast from Last Month

Forecast Change Tables (PDF)

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