Natural gas demand growth rate vs Oil demand

In 2026, natural gas demand growth rate worldwide was 2% (forecast); oil demand was 102.6 million barrels per day (forecast).

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The series

Over time

Global, spaced by time from 2024 to 2026 . Different units, drawn on separate scales and clipped to the years both series publish — earlier history stays on each indicator's own page. Read the values, not the heights.

Natural gas demand growth rate

Unit: % · 3 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 0.5 1 1.5 2 2.5 3 2024 2025 2026 FORECAST 2.8% 2%
Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 1 2 3 2024 2025 2026 FORECAST 2.8% 2%
Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 1 2 3 2024 2025 2026 FORECAST 2.8% 2%
View the underlying data
Natural gas demand growth rate
Period Type Value
2024 Actual 2.8%
2025 Forecast 1.3%
2026 Forecast 2%
Source: IEA · CC BY 4.0 · Full series

Oil demand

Unit: million barrels per day · 3 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Oil demandOil demand. 3 observations from 2024 to 2026, ranging from 102.6 million barrels per day to 104.3 million barrels per day, of which 1 are forecasts. Latest value 102.6 million barrels per day (2026). million barrels per day 0 30 60 90 120 2024 2025 2026 FORECAST 103 103
Oil demandOil demand. 3 observations from 2024 to 2026, ranging from 102.6 million barrels per day to 104.3 million barrels per day, of which 1 are forecasts. Latest value 102.6 million barrels per day (2026). million barrels per day 0 30 60 90 120 2024 2025 2026 FORECAST 103 103
Oil demandOil demand. 3 observations from 2024 to 2026, ranging from 102.6 million barrels per day to 104.3 million barrels per day, of which 1 are forecasts. Latest value 102.6 million barrels per day (2026). million barrels per day 0 30 60 90 120 2024 2025 2026 FORECAST 103 103
View the underlying data
Oil demand
Period Type Value
2024 Actual 103.1 million barrels per day
2025 Actual 104.3 million barrels per day
2026 Forecast 102.6 million barrels per day
Source: EIA · CC BY 4.0 · Full series

Shared periods

Side by side

Only 3 periods are published for both series. Comparing anything else would mean comparing different years.

Period Natural gas demand growth rate Oil demand
2024 2.8% 103.1 million barrels per day
2025 1.3% 104.3 million barrels per day
2026 2% 102.6 million barrels per day

Provenance

Where these numbers come from

Natural gas demand growth rate

The year-on-year percentage change in total natural gas demand.

3 observations in Global · source organisations: IEA

Oil demand

Total volume of oil and other liquid fuels consumed or demanded within a given year.

6 observations in Global · source organisations: IEA, EIA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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